Where Will RH Stock Be in 3 Years?
High-end home furnishings retailer RH (NYSE: RH) (formerly known as Restoration Hardware) has done the unthinkable by surviving the slow demise of America's malls, and then the pandemic. It's found a way to keep its customers spending in an economy where it's been tough to do so.
If you think the company is going to be able to maintain its pandemic-related sales growth, however, you might want to reconsider. That era was marked by unique economic circumstances that might not materialize again anytime soon.
So current and would-be RH investors should consider the possibility this stock is dead money for at least the next three years.
Source Fool.com