Boot Barn Holdings (BOOT)

Summary: ON SALE

Score: 16/20
MOS: 90.26%
Share Price: $21.26
Sticker Price: $218.37

Are you looking for a retail play to diversify your portfolio? Here is an interesting stock for you.

Boot Barn Holdings is the parent company of brands including Boot Barn, G&L Clothing, and Drysdales. These brands focus on work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing. As of May 20, 2020, it operated 260 stores in 35 states. The company also sells its products through e-commerce websites, including bootbarn.com; sheplers.com; and countryoutfitter.com.

Before COVID-19, the stock price was $47. Now it sits at $21. With people going back to work and looking for rugged apparel, this stock could go a lot higher from here.