Out Fox The Street - Sept. 13, 2020
A few ideas recently discussed with members of Out Fox The Street:
Five Below (FIVE)
The specialty retailer was a recent pick sent to members in chat. The stock was trading below $110 heading into earnings a few days later on September 2.
After strong FQ2 numbers, Five Below is now trading at $130 and looking to break strong resistance around $135. The stock already offers an 18% return in a matter of weeks.
The retailer recently opened their 1,000th store despite the economy being shutdown for parts of the last few months. Five Below is expected to return to nearly 20% revenue growth in the current quarter ending in October. The stock should ultimately break the all-time high right below $150 as the economy rebounds.
Lancadia Holdings II (LCA)
Another recent pick around $15 is the future Golden Nugget Online run by Tilman Fertitta. Lancadia Holdings II is another SPAC that has an agreement to purchase GNOG. The below is a snippet of information provided to members:
The stock is already up to $18 recently providing another near 20% gain for members in a matter of weeks.
The online gaming sector has all the key fundamentals offering a big rally in the future GNOG.
Investors can sign up for more details on these 2 stocks plus future picks in the active chat and the Out Fox model. Out Fox The Street offers a model portfolio, daily updates, trade alerts and real-time chat. Sign up now for access to legacy pricing to the next few subscribers along with a 2-week free trial.
Disclosure: No positions discussed. Please review the disclaimer page for more details.