Joe Tigay's Morning Trade: Five Below (FIVE)

Joe Tigay is looking at discount retailer Five Below earnings expectations set to report after the bell. The price to earnings multiple is rich compared to peers in the space, but the company does have strong revenue growth and expansion plans this year. Based on Joe's bullish stance on the stock, he places a 2 to 1 return on risk long call spread into the report.

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Joe Tigay's Morning Trade: Five Below (FIVE)

Joe Tigay is looking at discount retailer Five Below earnings expectations set to report after the bell. The price to earnings multiple is rich compared to peers in the space, but the company does have strong revenue growth and expansion plans this year. Based on Joe's bullish stance on the stock, he places a 2 to 1 return on risk long call spread into the report.

ON AIR
7:00 am
Market Overtime
replay

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