Five Below Pops on Strong Earnings, But Rally May Stall
Off-price retail stocks have had a good week, and Five Below Inc. NASDAQ: FIVE was no exception. After the market closed on June 4, the company reported strong earnings and raised its full-year guidance. FIVE stock is up more than 50% after bottoming out after the Liberation Day tariffs announced in April. However, even after the strong results, investors may not want to chase FIVE stock at these levels. Five Below TodayFIVEFive Below52.38▼$137.30P/E Ratio26.26Price Tar ...