Ross Stores valued fair to rich

9 ott 2019

ROST shows a tremendously steady upward trend over the last 6 years.
Currently trading more to the upper end of the trend channel.
Also my dividend-radar shows that there is no "value" to be had here.
Currently for me only a hold and if it moves to the 120-126 area within the next 3 months I will shed some of my position.
In the opposite direction it will be more interesting to accumulate if the price range between $90 to $80 is hit. This would imply a drop of roughly 30%