Stock Picks: Let’s Cowboys Kick –  Boot Barn Holdings, Inc (BOOT)

June 22, 2021, 4:39 pm EDT

Let’s Cowboys Kick –  Boot Barn Holdings, Inc (BOOT)

Economic recovery will bring the consumer to get back into spending mode after being constrained by the COVID-19 for about 1.5 years. Shoes and boots are some of the most profitable items in the fashion industry. 

Boot Barn Holdings, Inc (BOOT) is a 2 billion market cap boot makers with outstanding growth in most quarters. Kicking out another 52-week today should get our attention to see if we would like to join the ride. Here are some highlights:

  • Impressive +37% sales growth and +317% earning growth 
  • Technical setup with staging rectangles and breakouts
  • Remember CROX made more than +1000% return in about a year
  • More people flock into Texas and maybe it could drive up Western-style boots for future 

The entry point is 81 with protective sell-stop 72

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