I've been holding a few grand in TSCO for a few months. At the time, it looked undervalued and has a decent dividend. It seems to have good management, loyal customer base, has an attractive business model, and its lifetime chart is great. Am I missing something? Wondering what others think about TSCO.
Posted by pippinsfolly
5 Comments
Haven’t thought of this company in years. Just looked. Seems healthy and fair valued. Not something I’d be looking to buy personally.
You guys are in the weirdest stocks sometimes. Let me look through my options…oh ya tractor supply looks good.
I would like to know where its customers are. I’ve been in rural Ohio for the past year and the gym I workout at is directly across the plaza from the Tractor Supply here. The parking lot is ALWAYS empty and this area is 90% farmers.
I haven’t dug into their financials, but they’re everywhere and everyone I’ve talked to that’s been to one loves them. Their 5 year and total chart are both impressive.
I’m going to dig deeper, this might be a good under the radar pickup. I’ve found betting on companies with great brand sentiment rarely fails.
Solid idea OP.
30 P/E for a retail chain? Those are Cosco numbers, And Tractor Supply isnt Costco. And frankly, Im not buying Costco at a 30 times earnings.