Academy Sports and Outdoors: A Complete Reset Presents An Opportunity
ASOAcademy(ASO) Seeking Alpha·2024-06-12 00:18

kaanates/iStock via Getty Images Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is down after its just-reported Q1 earnings. The report was mixed, all things considered. That said, this is a trader's stock. Just today we were asked about it in our investing group, and we reviewed the situation again. Our last buy call came in the 40s in November 2023. We believe the stock has retraced sufficiently to consider buying again. Below, we are setting up a new trade for new money once again. The company continues ...