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11.07.2020 17:20:00

Forget Gap, Stitch Fix Is a Better Growth Stock

On June 26, clothing retailer Gap (NYSE: GPS) announced a collaboration with famed musician Kanye West. The deal creates an apparel line under West's popular Yeezy brand.This sparked an interesting reaction from the investing world. Robinhood is a popular investing app. According to information from Robintrack, Robinhood users holding Gap stock increased tenfold in the days following the Yeezy announcement. Clearly, these investors are betting big on Gap's future growth prospects.However, I believe investors are picking the wrong company. If you're looking for an investment in apparel retail, Stitch Fix (NASDAQ: SFIX) is the better growth stock.Continue reading
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