BUY
She also owns American Eagle Outfitters and Ross in the retail space. Ross is actually up only 1% year to date, but up 40% in the past month. AEO is -40% YTD, up 50% in the last month, and Foot Locker is 15% YTD and 15% past month. The theme for all these--and why should bought them--was that the street punished these stocks so severely, expecting them to lay down and DIE and customers will never spend money again. Well, American consumers are very resilient and continue to spend. Yes, you should be in discount retailing, but this share has already shot up this month. The low-hanging fruit, the time to buy, was last summer--and people missed it. Forget 40% moves, but there will be some movement. She's holding onto Ross and Foot Locker, because there's still upside. Foot Locker remains cheap and still buying back shares. Do your homework in the retail space. Problem is that all the retail ships have risen in recent weeks and we won't see those gains again.
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BUY
It beat earnings and shares are rising today. She bought this in February when they announced horrible earnings, but were planning to buyback half their shares and raise their dividend. There was so much bad news, things could not get worse. They have potential upside. Expectations got some horrible, that it's easy to buy.
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DON'T BUY
It reports Friday. This used to be a crucial indicator of how Nike was doing, but no longer.
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COMMENT
It reports Friday. He didn't like in their last quarter their manufacturing problems in China. They have a fantastic set up for a mall-based shoe store, so if they can't blow out their next quarter, he doesn't know when they can.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 09/21, Down 15.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK has triggered its stop at $47.50. We recommend covering the position at this time. We will look for better opportunities elsewhere.
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1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We are again recommending FL as a TOP PICK. It has shown a support base technically and it trades at good value here. Recent earnings of $1.96 per share blew away expectations of $1.09. Online sales have grown over 40% and the company is managing inventory despite pandemic logistical challenges. It trades at 9x earnings compared to peers at 41x and continues to build cash reserves. It pays a dividend backed by a payout ratio under 30% of cash flow. We would buy with a stop loss at $47.50, looking to achieve $70 -- upside over 23%. Yield 1.46% (Analysts’ price target is $70.05)
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Curated by Michael O'Reilly since 2020.
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PAST TOP PICK
(A Top Pick Aug 25/20, Up 92.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL has triggered its stop at $57. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50% of the position, this results in a net investment return over 55%.
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Curated by Michael O'Reilly since 2020.
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PAST TOP PICK
(A Top Pick Aug 25/20, Up 106%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL is progressing well. We recommend trailing up the stop (from $52) to $57. This would all but guarantee a minimum return on investment of 55%, including the previous recommendation to cover 50% of the position.
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DON'T BUY

They report Friday. It's Nike without the China worries, but FL has already rallied.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 25/20, Up 89%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL is progressing well. We recommend trailing up the stop (from $38) to $52. This would all but guarantee a minimum return on investment of 46%, including the previous recommendation to cover 50% of the position.
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COMMENT
They just reported a terrible quarter, but rallied 2.5% today because money managers are rotating hard into reopening stocks like this.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 25/20, Up 46.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL is progressing nicely. We are recommending trailing the stop up to $38, which should but all guarantee a minimum return of 23%, including covering 50% of the position last September.
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COMMENT

It reports Friday. Peers Nike and Under Armour are moving a lot of product, after all. Maybe. However, he prefers Nike for its direct-to-consumer.

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Curated by Michael O'Reilly since 2020.
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PAST TOP PICK
(A Top Pick Aug 25/20, Up 28.1%)Stockchase Research Editor: Michael O'Reilly We are recommending raising the stop-loss on FL to $30 (previously at $26.50). We continue to target $44 on the upside as the next objective.
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Curated by Michael O'Reilly since 2020.
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PAST TOP PICK

(A Top Pick Aug 25/20, Up 18%)Stockchase Research Editor: Michael O'Reilly We set $35 as an upper objective for FL as a Top Pick and we have achieved that target. Goldman Sachs just initiated coverage on the company and set a $38 target so we will let our winner run. However, we are suggesting taking 50% of the position off the table. We also recommend trailing up to stop-loss to $26.50. Based on a measured technical move, we would now target $44 as our next upper objective.

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Showing 1 to 15 of 26 entries

Foot Locker(FL-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Foot Locker is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Foot Locker(FL-N) Frequently Asked Questions

What is Foot Locker stock symbol?

Foot Locker is a American stock, trading under the symbol FL-N on the New York Stock Exchange (FL). It is usually referred to as NYSE:FL or FL-N

Is Foot Locker a buy or a sell?

In the last year, 3 stock analysts published opinions about FL-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Foot Locker.

Is Foot Locker a good investment or a top pick?

Foot Locker was recommended as a Top Pick by on . Read the latest stock experts ratings for Foot Locker.

Why is Foot Locker stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Foot Locker worth watching?

In the last year, there was no coverage of Foot Locker published on Stockchase.

What is Foot Locker stock price?

On 2022-11-22, Foot Locker (FL-N) stock closed at a price of $36.1.