Update: Dicks Sporting Goods (NASDAQ: DKS) Surges
- Published in Finding Alpha
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Dicks Sporting Goods (NASDAQ: DKS) surged as much as ~28 percent today, May 30, 2018. On November 10, 2017 Fr. Emmanuel spoke live to the crew of Benzinga TV about Lemelson Capital Management's previous investment in the company:
"...we've been buying Dicks as well even though we don't usually buy two securities in the same industry sector..."
In the seven months that followed, the stock rose 44.02 percent vs. 9.46 percent for the S&P 1000 index:Fig. 1: Dicks Sporting Goods stock price performanceNovember 10, 2017 - May 30, 2018
The interview also discusses:
- American Eagle Outfitters (NYSE: AEO)
- Guess (NYSE: GES)
- Express (NYSE: EXPR)
- Hibbett Sports (NASDAQ: HIBB)
- Domino's Pizza (NYSE: DPZ)
Listen to the full interview here
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