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Fly News Breaks for May 13, 2016
WWAV
May 13, 2016 | 07:08 EDT
After WhiteWave reported higher than expected EPS, Wells Fargo says that the company's solid results were driven by strong sales of its yogurt and frozen dessert products. The firm thinks that sales of the company's plant-based milk beverages can accelerate as it begins to exploit the out of home opportunity. The firm believes that WhiteWave can expand to new markets overseas, and it says that the company's "growth story is far from over." It continues to identify the stock as a top pick.
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