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 the creator and purveyor of Everyday Luxury, home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 115+ boutiques throughout North America. The Company’s product categories include activewear, blazers and suiting... see more

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TSX:ATZ - Post Discussion

Aritzia Inc > Michael Hakes - BNN- Past Top Pick

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Post by Possibleidiot01 on Sep 17, 2023 5:18pm

Michael Hakes - BNN- Past Top Pick

PAST TOP PICK

(A Top Pick Dec 07/22, Down 54%)

Disappointing for short term investors.
Two quarters of missed earnings.
Too much inventory on hand.
Second distribution center very expensive.
Assuming no recession, expecting further growth.
Expecting a $22 share price in 2024.
Would recommend buying shares at this price.

specialty stores

$23.040

Owned

180

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Comment by retiredcf on Sep 18, 2023 7:41am

If you listened to the video, the comment abouit "expecting a $22 share price in 2024" is incorrect. I have pointed this out to stockchase. A more appropriate price would be $32 in 2024 (although he didn't say that) which explains why he's buying now at $23 and expecting further growth next year. GLTA

126

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