Why This Stock That's Up 110% YTD Is Cheaper Now Than It Was To Start The Year
Why This Stock That's Up 110% YTD Is Cheaper Now Than It Was To Start The Year
Stocks can get cheaper as share prices increase if earnings growth leads to multiple contraction.
如果盈利增長導致多次收縮，隨着股價上漲，股票可能會變得更便宜。
Dick's Sporting Goods Inc (NYSE:DKS) is one of those stocks that is cheaper at current levels than it was when it was trading much lower, Short Hills Capital's Steve Weiss said Wednesday on CNBC's "Fast Money Halftime Report."
迪克體育用品公司(紐約證券交易所股票代碼：DKS)是其中一隻在目前水平下比其交易價格低得多的股票，Short Hills Capital史蒂夫·韋斯週三在CNBC的《快錢中場休息報道》中如是説。
Dick's Sporting Goods traded up above $140 on strong earnings results last quarter. The stock has since pulled back amid Nike Inc's (NYSE:NKE) supply chain issues, Weiss said.
迪克體育用品(Dick‘s Sporting Goods)上季度盈利強勁，股價升至140美元以上。自那以後，該股在耐克(紐約證券交易所股票代碼：NKE)供應鏈問題，Weiss説。
Dick's Sporting Goods sells Nike products, but the supply chain issues are temporary, he said.
他説，Dick‘s Sporting Goods銷售耐克產品，但供應鏈問題是暫時的。
"I think [Dick's Sporting Goods] is a phenomenal stock — very cheap. It was so much cheaper at $140 with the increase in earnings estimates going forward and this year than it was when I bought it originally at $95," Weiss told CNBC.
“我想[迪克的體育用品]是一隻非凡的股票— 非常便宜。隨着未來和今年收益預期的提高，這款手機140美元的價格比我最初以95美元的價格購買時要便宜得多。“韋斯告訴CNBC。
Just because the stock is up over 100% year-to-date doesn't mean it's more expensive than it was when it was down, he said.
他説，僅僅因為該股今年迄今上漲了100%以上，並不意味着它比下跌時更貴。
"You've got to look at where the earnings are now and where the stock price is versus where the earnings were when it was down at that level before it doubled."
“你必須看看現在的盈利水平和股價，以及在翻番之前的水平時的盈利水平。”(這句話的意思是：“你必須看看現在的盈利水平和股價，而不是在翻番之前的盈利水平。”
See Also: $100 Invested In This Stock Over The Last 10 Years, Would Be Worth This Much
另見：過去10年在這隻股票上投資100美元，價值如此之大
As earnings continue to increase and people begin feeling better about going out to stores, the stock continues to look cheaper, Weiss said
Weiss説，隨着收入的持續增長，人們開始對去商店購物感覺更好，股票看起來繼續便宜
The company is under new management, he noted, adding that Dick's Sporting Goods CEO Lauren Hobart has "done a phenomenal job" since she stepped into the CEO role.
他指出，公司正在接受新的管理層，並補充説，迪克的體育用品首席執行官勞倫·霍巴特自從她擔任首席執行官以來，她“做了一份非凡的工作”。
Bank of America named Dick's Sporting Goods a top pick. The firm reiterated its Buy rating and price target of $160.
美國銀行(Bank Of America)將迪克體育用品(Dick‘s Sporting Goods)列為首選。該公司重申了其買入評級和160美元的目標價。
DKS Price Action: Dick's Sporting Goods has traded as high as $147.38 and as low as $50.88 over a 52-week period.
DKS價格行動：在52周的時間裏，迪克的體育用品交易價格最高可達147.38美元，最低可達50.88美元。
The stock was up 4.91% at $120.31 Wednesday afternoon.
週三下午，該股上漲4.91%，至120.31美元。
Photo: Pexels from Pixabay.
圖片來源：來自Pixabay的Pexels。