Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Hot Growth Stock Is Still a Buy After Enormous Gains

TheMotleyFool

0 0

This Hot Growth Stock Is Still a Buy After Enormous Gains: https://g.foolcdn.com/editorial/images/736709/fertilizer-or-insecticide-spraying-farm-agriculture-farmer.jpg

Its returns have trounced the wider market since early 2020, but there could be more room for growth ahead for Tractor Supply (NASDAQ: TSCO) stock. The rural lifestyle retailer is winning market share in an expanding industry niche. It hasn't suffered the same type of growth hangover that hit rival retailers, either.

With those positive trends in mind, let's take a closer look at why Tractor Supply still looks attractive today even following its multiyear rally.

Tractor Supply was a huge beneficiary of pandemic-related demand swings as consumers shifted their spending toward rural living supplies. And the even better news is that sales trends aren't contracting today following that surge.

Source Fool.com

Like: 0

TSCO

Share