DKS - DICK's Sporting Goods: New All Time Highs As This Winner Flies
2024-03-14 10:55:28 ET
Summary
- DICK'S Sporting Goods, Inc. stock is surging to new highs and remains a favorite among some of our member traders.
- The company reported strong earnings for Q4 2023, surpassing expectations and showing growth from the previous year.
- The company saw an increase in same-store sales, improved its balance sheet, and has positive forward guidance for sales and earnings.
- Despite the run, DICK'S Sporting Goods, Inc. stock remains attractive long term.
We have traded DICK'S Sporting Goods, Inc. ( DKS ) several times in the last few years. This stock remains one of the favorites, particularly among options traders, over at our Investing Group. The stock is back in business in a big way, and surging to new highs on its just-reported quarterly results. As we take down $200 per share here, our last buy call publicly on DICK's was when it was in the $40s . What a run, to be sure....
DICK's Sporting Goods: New All Time Highs As This Winner Flies