Is Lovesac Stock a Buy?
If you invested in The Lovesac Company (NASDAQ: LOVE) when it went public in June 2018, then you've more than tripled your money. Often when a stock crushes the market like this, it's because the business has done well. As we'll see in a moment, that's true of Lovesac. And high-performing companies like this are the kind that long-term investors should consider adding to their portfolios.
That said, Lovesac's past performance doesn't ensure it will continue to be a winner. Indeed, I don't think it presents undeniable upside potential, as we'll see.
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Source Fool.com
