Is Five Below Stock a Buy?
These are challenging times for brick-and-mortar retailers that don't have a strong online game, but sometimes being cheap, chic, and hip with young shoppers is enough. Five Below (NASDAQ: FIVE) is one of the more resilient chains dotting suburban strip malls these days. The chain that lives up to its name by offering a wide range of goods priced at $5 or less has seen its stock more than double since bottoming out four months ago.
There's a lot to like in the superstore concept that has proven magnetic to teen and pre-teen shoppers over the years. The valuation isn't for the faint of heart, but is the premium warranted? Let's take a closer look at the trendy retailer to see if Five Below stock is a buy right now.
Image source: Five Below.
Source Fool.com
