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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (135942)10/27/2022 9:07:22 AM
From: Goose94Respond to of 203026
 
Aritzia (ATZ-T) closed at it's top-end for an eight month high October 26th 2022



To: Goose94 who wrote (135942)12/8/2022 6:32:25 AM
From: Goose94Read Replies (1) | Respond to of 203026
 
Aritzia (ATZ-T) top pick from Michael Hakes on BNN.ca Market Call Wednesday December 7th @ 1200ET

Artizia is one of our favourite stocks. They just held a capital markets day where they outlined their three to five year plan. They have a long runway of growth in front of them. Currently, they have 68 stores in Canada, but only 44 in the U.S.

They plan to open eight to 10 stores annually in the U.S. This will be complemented by store expansions at three to five annually. This means low double-digit annual square footage growth. Ecommerce is also expected to stay strong.

We see sales approaching $3.8 billion by 2027 from the $2 billion expected in Feb 2023.

We think the stock to trade up into the $65.00 range over the next 12-18 months as they continue to roll out their strategy.