Foot Locker, Inc. (NYSE:FL)
A retailer of athletic footwear and apparel, through its subsidiaries, operates in two reportable segments - Athletic Stores and Direct-to-Customers.
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StockTA 1/25 Overall Bullish. Hold for 2 years.
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High yield/low P/S.
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decent yield, company able to grow sales during poor economic conditions, and sells sneakers which are a consumer staple which wears down therefore needs periodic replacementas they have limited life span.
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downturn recession = depression. people have too much junk
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valueline
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Earnings estimates going up and a nice dividend yield.
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strong brand, great demographic, strong cost controls, closing fewer stores, econimic recovery play
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Everyone needs footwear. Why not buy stock of a company that sells footwear. That and the dividend is nice too.
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a good footcare stock
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good place to buy shoes
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still overvalued--buy my shoes online.
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Poor valuation compared to industry.
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Only thing holding this stock up is the dividend and the afterglow of the mid year dividend checks.
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BELOW ITS ESTIMATED VALUE
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Classic value play. However I am concerned with their merchandising strategy which can be seen in their rising inventory levels. It could have difficulty in the near term, but the low levels of debt is a definite plus and the nice cash position should help them ride out a recession.
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RSI PASSING 30
STOCH CONFIRM
HIGH VOLUME
GOOD CANDLE
SHORT DWN TREND
ALL = JUMP !!!
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Look for a bump with the Olympics
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retailer/foot locker
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