Tractor Supply: Buy or Sell?
The blistering rise in the share prices of technology stocks has left many investors stunned. As the pandemic continues to roil the world, movement restrictions and persistent border closures have accelerated digital adoption, creating a valuation gap between online retailers and brick-and-mortar businesses.
Tractor Supply (NASDAQ: TSCO), however, stands out as being a physical retailer that has done surprisingly well during this crisis. America's largest rural lifestyle retailer has seen its shares hit a new all-time high above $200 recently, and the company looks set to continue this momentum as it fires on all cylinders.
There's a tough question confronting investors -- should they sell their shares as the stock hits new highs, or could this be an opportunity to load up as the retailer goes from strength to strength?
Source Fool.com
