Tractor Supply Company is the largest operator of rural lifestyle retail stores in America. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers & ranchers & others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use. Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, and offering a variety of pet products and services.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Expectation for the price to move to MID or HIGH point over the financial quarter
- Trailing stop-loss on price above MID point
- Heiken Ashi candles bullish with strong indicators on FAST & SLOW MACD's
- Potential for small pullback over the next few days based on 4hr time frame, but overall upward trend
GOOD LUCK.
DO YOUR OWN RESEARCH!
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Expectation for the price to move to MID or HIGH point over the financial quarter
- Trailing stop-loss on price above MID point
- Heiken Ashi candles bullish with strong indicators on FAST & SLOW MACD's
- Potential for small pullback over the next few days based on 4hr time frame, but overall upward trend
GOOD LUCK.
DO YOUR OWN RESEARCH!