Is 1-800-FLOWERS.COM Worth A Buy ?
Current Price $12.86
FLWS is a seasonal stock. Looking back a past performance we see that after the holiday season moving through Valentine's and at times through spring we see a jump in the stock price year after year. They've tended to have a positive EPS in the February quarter report.
This is happening due to the nature of their brands. Their brands are all companies that focus on special event gift giving and nothing says gift-giving more than the holiday season.
Projected price $16 - $20
30% - 50% increase in value.
Now may be a good time to start averaging in on FLWS.