Aug. 11 at 7:54 PM
$BIRK Huh?? (the post below)👇
Either way his will be a win for LT investors; if it drops there’s a potential 20% to the 52WL
$31.12
If it pops we’re looking at
$40.60 on the 200d and
$43.30 on the 50d.
Either way the relevant question is will Birkenstock be in demand in 10yrs from now & back of the napkin says yes.
P/E is currently 17;
$NKE is 19,
$CROX is 12 &
$ONON is 33 after today’s correction.
The other side of the napkin says we like it here, we like it lower and even more at the 50day+
To round out the pick 5,
$LULU P/E is 10
