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This Avocado Stock Won’t Toast Your Portfolio
26 August, 2021
Avocado-toast-munching millennials might not be able to afford a house, but they can dip into a stock selling the fruit.
Listed on the Nasdaq in October, California-based Mission Produce offers a rare pure play on avocados, which the company sources from growers—mostly in Mexico, California and Peru—packs and distributes. Mission also has its own farming operations in Peru, Guatemala and Colombia, which produced around 11% of the avocados it sold in 2019.