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Bullboard - Stock Discussion Forum Aritzia Inc T.ATZ

Alternate Symbol(s):  ATZAF

Aritzia Inc. is a Canada-based vertically integrated design house. The Company is a creator and purveyor of Everyday Luxury, which is home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 110+ boutiques throughout Canada and the United States. The Company’s products include jackets and coats... see more

TSX:ATZ - Post Discussion

Aritzia Inc > Never chase a high flyer
View:
Post by flamingogold on Jan 12, 2023 10:02am

Never chase a high flyer

This is what happens to high flyers...eventually they come crashing down. Apple will suffer a big hit on one earnings day too when they eventually miss... and miss they will.

This, like Apple, however are still great long term holds. However, whenever you get every analyst cheerleading, it's usually a good sign to stand back and wait for a miss to make a move.
Comment by fdfd12 on Jan 12, 2023 10:03am
ATZ is NOT a high flyer
Comment by ferret_ca on Jan 12, 2023 1:10pm
1st off it's no where near a high flyer.    -market cap is 5.17 b, revenue is just over 2 b  plus it is growing at over 30% for the foreseeable future, so not much more than 2x sales down here with pretty good margins for retail.   -expenses have been higher due to adding inventory, inflation, supply chain and the cost of building it's new distribution center which will ...more  
Comment by CHECKMATE77 on Jan 12, 2023 1:51pm
The point you miss is the fact that this particular high flyer has just left the launch pad a long way to go yet and yes like lulu 15 years ago wish I had bought lulu back then 
Comment by flamingogold on Jan 12, 2023 11:37pm
And why I made a buy at $45 today. I have another one at just under $40. Not sure it goes that low, we need control of inflation first and the FED to pause for the bull to run wild. People misread my post this morning. I never chase a stock.
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