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Tractor Supply Company Message Board

  • langdonsmith langdonsmith Jul 23, 2003 12:06 PM Flag

    naysayers were fixated on growth rates

    people were saying this stock was way too expensive (at $36)and could not carry a higher pe...what they dont accept is that ONCE this story is discovered the pe could get way ahead of itself and briefly trade at 25-30 pe..this in anticipation of stronger quarters to follow...TSCO is now experiencing the greatest growth rate it has ever had. It will always be a rough ride..probably top out near $60 in the next couple of weeks...then a 10% pullback to the low 50's...but with back to back great quarters and an accomodating market..IF's this could be a $70 stock pre split..

94.97-1.01(-1.05%)Apr 28 4:00 PMEDT