Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Grocery Outlet Holding Corp. (GO): A Bull Case Theory

We came across a bullish thesis on Grocery Outlet Holding Corp. (GO) on Directionally Correct Research’s Substack by Will Powers. In this article, we will summarize the bulls’ thesis on GO. GO Outlet Holding Corp.'s share was trading at $16.16 as of October 9th. GO’s trailing and forward P/E were 29.93 and 14.77 respectively according to Yahoo Finance.

[caption id="attachment_1038649" align="aligncenter" width="768"] Photo by Franki Chamaki on Unsplash[/caption]

Grocery Outlet (GO) is a discount retailer with over 520 stores mainly in the Western and Northeastern U.S. It...