Dillard Stock Prediction: Is Dillard’s Stock a Buy or a Sell?
This Dillard's stock price prediction article was written by Alexandre Himmelstein, Analyst at I Know First.
Summary:
- Dillard’s stock has performed well in the last 3 months. Is it a stock to buy? Ted Weschler personally bought a 5.89%. Personally, I don’t think it’s a stock to hold for the long term.
- Department Stores Overviews: This kind of industry wasn’t it showing a good performance even before the coronavirus pandemic, and with the pandemic, consumer and economic conditions get worst.
- Dillard’s still has vast real estate holdings and is showing a capacity to keep operation costs flat. Those are some reasons for the company’s stock is performing well.
- Even Nasdaq’s highest projection of the stock’s future value is short of recovering the pre-pandemic standing.
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