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home / news releases / CATO - Cato Corporation: Upside Still In The Cards Despite Recent Rally

CATO - Cato Corporation: Upside Still In The Cards Despite Recent Rally

Cato Corporation Class A
  • Although the firm is still reporting tough comparables, management is backing itself by buying back its own stock.
  • Costs continue to be taken out of the system.
  • The valuation still looks on the light side. I'm looking for shares to take out long-term resistance before the next significant rally higher.

For further details see:

Cato Corporation: Upside Still In The Cards Despite Recent Rally
Stock Information
Company Name: Cato Corporation Class A
Stock Symbol: CATO
Market: NYSE
Website: catofashions.com
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