Down 17% in 2022, Is Tractor Supply Stock a Buy Now?
Tractor Supply (NASDAQ: TSCO) investors have been left out of the recent stock market rally. Shares of the lifestyle retailer fell in July even as the wider market jumped 8%. That slump came even as the company reported solid sales and earnings trends through late June.
Let's look at why those results point to solid returns for this stock, which is trailing the market so far in 2022.
Tractor Supply is doing all the right things to keep expanding its business through wild swings in consumer demand. Comparable-store sales rose 6% last quarter even compared to soaring results a year ago.
Source Fool.com
