This Goose is Cooking
"This Goose is Cooking"
in the news This Goose is Cooking? What this all about..... See below.
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Sentiment Trader have been watching a particular stock.
“Expect the unexpected” Canada Goose says on its website where it sells $995 parkas.
The stock has recently surged by 28% to hit an all-time high above $59 a share in early morning trading, bringing its total return to 275% in the past year.
This is quite interesting.
A great chart so one to watch....
Investors do not really realize that a booming economy and stock market are great for companies such as Canada Goose as people who will never cross the Arctic Circle can spend up big on its clothing. That is particularly the case if its customers invested in its shares. They needed to cash in 57 of them last August to buy a parka while it only took 17 on Friday morning.
shareholders of the luxury clothing seller were a bit depressed, and did not expect a huge surge in its RECENT online sales in the profitable quarter it reported on Friday. Analysts had warned and called for a loss the last few weeks, but that did not turn out to be true with the company raking in huge profits and sales the last few quarters, and chart is a gem.
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