As discussed last quarter, investors were literally giving away Stitch Fix (SFIX) when the stock dipped below $20. The company remains a consistent 20% grower as the fashion retailer uses technology to dress active clients. The stock appears ready for a breakout to new highs based on the cheap valuation, but the market appears to have some remaining concerns with Stitch Fix not holding the original gains following earnings.
Consistent 20% Growth
For yet another quarter, Stitch Fix grew revenues by greater than 20%. The company guided to another quarter of 22%