Is Stitch Fix's Valuation Getting Ahead of Itself?
Since the market lows that rattled investors last March, many emerging high-growth companies have outperformed the broad indices by a significant margin. Stitch Fix (NASDAQ: SFIX) is no exception. Shares in the online styling service are nearly 700% during that time frame, making it one of the best-performing stocks of the past year.
But has the valuation gotten ahead of itself? Have investors missed the boat with Stitch Fix? Let's take a look.
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Source Fool.com