I found this company using a scanner. Long term, it fell for a while, but it increased strongly in the last day and I believe it may keep increasing for a while. The company is profitable (P/E > 0) and has strong return on equity.
Solid technical setup forming. Look for price action to push over $7.78 on volume.
If you like this idea, you can follow my weekly watch lists and trading articles at thebreakouttrader.com
Sportsman's Warehouse Holdings, Inc. is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 87 stores across approximately 22 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations. Its stores average approximately 40,000 gross square feet. Its stores include locally relevant features, such as a fishing board at the entrance that displays fishing conditions in local lakes and rivers with coordinating gear in end-cap displays in the fishing aisles. The Company engages its customers through in-store features, such as the Braggin Board, various contests (such as Bucks & Bulls and Fish Alaska), and customer-owned taxidermy displays on the walls. It also hosts in-store programs, such as ladies night and a range of instructional seminars, from Dutch oven cooking to choosing the right binocular.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
SPWH
