Michaels, the arts/crafts and do-it-yourself home decor store is forgotten, but is it about to be revamped and turned into the next ETSY/PINTREST? And will the stock continue to run?
►Watch me trade live every weekday: https://twitch.tv/thestockguy
TheStockGuy:
►Discord: https://discord.gg/thestockguy
►Twitter: https://twitter.com/TheStockGuyTV
►Reddit: https://reddit.com/r/TheStockGuy
►Instagram: https://instagram.com/therealstockguy
Chapters:
0:00 - Intro
0:13 - Many big box stores are rebranding
0:42 - What is Michaels? (MIK)
1:18 - Stay at home stocks are still doing well
1:50 - What's the upside with Michaels?
2:57 - Good sign: volume has been building up
3:26 - 70% jump around last earnings
4:20 - This is speculative, but there's potential here
5:37 - Other stocks in this category: Bed Bath and Beyond up 700% (BBBY)
6:16 - The Container Store up 600% (TCS)
6:34 - Michaels has gone up over 1000% over the same period
7:46 - What are "Becky" stocks? (SBUX, TGT, LULU, PTON, ETSY, PINS)
9:00 - Women drive the majority of consumer spending in the U.S.
9:46 - Michaels starts running
10:30 - Do YOUR OWN research!
Investing and trading are two different beasts. Please do your own research and due diligence before buying or selling stocks, options, forex or equities. These are opinions only, please make financial decisions on your own. Personal Finance is important!
#stockstobuy #investing #stockstowatch
►Watch me trade live every weekday: https://twitch.tv/thestockguy
TheStockGuy:
►Discord: https://discord.gg/thestockguy
►Twitter: https://twitter.com/TheStockGuyTV
►Reddit: https://reddit.com/r/TheStockGuy
►Instagram: https://instagram.com/therealstockguy
Chapters:
0:00 - Intro
0:13 - Many big box stores are rebranding
0:42 - What is Michaels? (MIK)
1:18 - Stay at home stocks are still doing well
1:50 - What's the upside with Michaels?
2:57 - Good sign: volume has been building up
3:26 - 70% jump around last earnings
4:20 - This is speculative, but there's potential here
5:37 - Other stocks in this category: Bed Bath and Beyond up 700% (BBBY)
6:16 - The Container Store up 600% (TCS)
6:34 - Michaels has gone up over 1000% over the same period
7:46 - What are "Becky" stocks? (SBUX, TGT, LULU, PTON, ETSY, PINS)
9:00 - Women drive the majority of consumer spending in the U.S.
9:46 - Michaels starts running
10:30 - Do YOUR OWN research!
Investing and trading are two different beasts. Please do your own research and due diligence before buying or selling stocks, options, forex or equities. These are opinions only, please make financial decisions on your own. Personal Finance is important!
#stockstobuy #investing #stockstowatch
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