Top Pick DetailsFirst stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/bruce-murray-s-top-picks~2693505
Aritzia (ATZ TSX)
Aritzia is a classic retail growth case. We think they have many years of growth in front of them and our work indicates they are on the same growth path as both Inditex and Lululemon, which are years ahead of them and still growing. The most recent quarter saw the inventory cycle predicated by the pandemic catch up, which has created a classic buying opportunity as the stock has dropped over 30 per cent from its highs of last autumn. We expect the inventory to be cleaned up quickly and look for the stock to get back above $50 fairly quickly.
TOP PICK
Aritzia Inc.(ATZ-T)
24/05/2023
On same growth path as LULU was. Over-inventoried from over-ordering, but still a great hold. He's buying more. Great return from sub-$40 prices. No dividend.
(Analysts’ price target is $50.14)
Specialty Stores
Bruce Murray
$36.430
Owned