After a recent reversal and a history of higher low support GPS is poised to have a 10% run up into earnings. RSI and Stochastic give additional support.
With a very solid P/E of 6.67, it's one of the lowest in the retail clothes sector. With minimal Debt/Equity of 0.34 and a Current Ratio of 1.50
We can even choose to hold through earnings for additional gains and with an attractive dividend of 5.73%.
GPS is more than just Gap. Their Lulu Lemon-esque brand Athleta is expected to have a record year. Old Navy revenue has also been on the rise.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.