19.12.2024 10:25:00

Could Five Below Help You Retire a Millionaire?

Five Below (NASDAQ: FIVE) is something of a specialty retailer whose name no longer makes a whole lot of sense. In the beginning everything it sold cost less than $5, but that has since changed. That speaks to the big issue investors need to consider when looking at the stock and wondering whether it could help them retire as a millionaire. The answer is, it could, but -- and the "but" here is really important.Shares of Five Below have plunged over the past year or so, with the stock down around 45%. Compared to its 52-week high, it is off by more than 50%. It would be very easy to argue that this retailer's shares have been put on the sale rack. Investors who like to invest with a contrarian approach will probably find that appealing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Five Below Inc 101,70 2,31% Five Below Inc