DON'T BUY
Aritzia Inc.(ATZ-T)
10/01/2024
Bought at $35; should I average down?
Not an investment he'd make. Too much variability in underlying demand, fashion in general, consumer preferences, and market whims. The kind of stock that the market gives way too much credit when it does well, and then take too much away when it does badly.
If you own, you might buy some more to average your way out of it, because there probably will be a better day for it. But you better be really sure that they're managing the business correctly and it's not just a stock price phenomenon of the stock market wagging the dog. Reports today.
He tends to stick with absolute needs that compound steadily over time. His stocks aren't super exciting, but they don't get smoked down either.
Specialty Stores
Ryan Bushell
$27.130
No