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The tractor has a flatI have always watched the stock of Tractor Supply but never owned. It always seemed a bit to expensive. Now it seems that decision was right or maybe this is the buying opportunity I have been waiting for. They still have a very good business without a lot of competition but in my opinion they have a lot they can improve on. Since I ranch in a wide area I visit 4 or 5 different of their stores. In one town (Corsicana TX) they have a competitor (Atwoods) they run a distant second in popularity judging by cars in the parking lot and my experience shopping at both. The market was very weak on Friday and could sell off in the next couple weeks and with this stock already weak, we may see a nice entry point. Birdog https://www.thestreet.com/story/13698526/1/tractor-supply-tsco-stock-plummets-on-lower-guidance-downgrades.html |
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