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Academy Sports and Outdoors, Inc. (ASO): A Bull Case Theory

We came across a bullish thesis on Academy Sports and Outdoors, Inc. (ASO) on  Substack by Prateek Malhotra. In this article, we will summarize the bulls’ thesis on ASO. Academy Sports and Outdoors, Inc. (ASO)'s share was trading at $50 as of Nov 12th. ASO’s trailing and forward P/E were 7.76 and 7.54 respectively according to Yahoo Finance.

[caption id="attachment_1216764" align="aligncenter" width="768"] A manager in a sporting goods store giving a customer advice on outdoor equipment.[/caption]

Academy Sports and Outdoors, Inc. (ASO) specializes in outdoor recreational...