Earlier this month, Whole Foods Market (NASDAQ:WFM) stock plunged 10% after the organic grocery chain reported solid fiscal fourth-quarter results but disappointed investors with weak forward guidance.
Shares have continued to tread downward since then, creating what the Fool's Steve Symington thinks is a fantastic buying opportunity for patient long-term investors.
After all, as Steve explains in the following video, the market presented a similar buying opportunity earlier this year, which panned out quite well for those willing to weather the downturn. As a result, he added to his existing position in Whole Foods stock last week.
To learn more about Whole Foods' current situation, please check out the video below to get Steve's full take.