They have found their niche, but as they grow larger there will be bigger challenges. He still likes their growth prospect, but he is cautious as the market is nearing the late stages of the bull market. He would continue to hold it.
They are doing better than when he discovered the company. Their valuation is on the higher end and they had a good run in the last year. Wait for a quarter when they miss expectations or the guidance is low. They recently said they see their target market from 2000 to 2500 stores.
(A Top Pick Mar 9/17, Up 73%) Their runway of growth is longer than DOL-T. It is a dollar store for tweens and teens. They just had their best Christmas quarter since 2012. It is lumpy here so he would recommend holding it, rather than buying it.
Five Below Inc is a American stock, trading under the symbol FIVE-Q on the NASDAQ (FIVE). It is usually referred to as NASDAQ:FIVE or FIVE-Q
In the last year, 5 stock analysts published opinions about FIVE-Q. 4 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 Five Below Inc.
Five Below Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Five Below Inc.
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.
5 stock analysts on Stockchase covered Five Below Inc In the last year. It is a trending stock that is worth watching.
On 2023-01-30, Five Below Inc (FIVE-Q) stock closed at a price of $193.09.