Is Gap Stock a Buy?
Gap (NYSE: GPS) was nearly ruined by COVID-19 after all of its stores were shut down, but in the six months since the coronavirus outbreak was declared a pandemic, the owner of Old Navy, Banana Republic, and its own namesake stores has been one of the best-performing apparel retailers on the market.
Its second-quarter earnings report surprised many for its broad strength across brands, and analyst sentiment seems to be changing toward Gap. Although the retail industry remains in flux, let's take a look at whether this casual clothing company's stock is a buy today.
Image source: Gap.
Source Fool.com
