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Dole plc (DOLE): A Bull Case Theory

We came across a bullish thesis on Dole plc on Acid Investments’s Substack by N.R98. In this article, we will summarize the bulls’ thesis on DOLE. Dole plc's share was trading at $13.40 as of September 4th. DOLE’s trailing and forward P/E were 12.38 and 9.26 respectively according to Yahoo Finance.

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Dole is moving forward with a US$164 million secondary offering, representing a clean-up sale by the Murdock Group, following the passing of billionaire David Murdock earlier this...