After a recent reversal and a history of higher low support GPS is poised to have a 10% run up into earnings. RSI and Stochastic give additional support.
With a very solid P/E of 6.67, it's one of the lowest in the retail clothes sector. With minimal Debt/Equity of 0.34 and a Current Ratio of 1.50
We can even choose to hold through earnings for additional gains and with an attractive dividend of 5.73%.
GPS is more than just Gap. Their Lulu Lemon-esque brand Athleta is expected to have a record year. Old Navy revenue has also been on the rise.
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