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Re: researcher59 post# 74635

Thursday, 07/23/2020 10:29:27 AM

Thursday, July 23, 2020 10:29:27 AM

Post# of 114095
Congrats on still having MCFT. Where have I been...didn't realize the boating sector was on fire. Otherwise woulda been all over OBCI last month in the $5's :(

As for HZO, yeah they said it was their seasonally strongest quarter. Not expecting earnings of $1.58/share every quarter. But revenues up 30%, same-store sales growth of 37%, and net income up 83% was very impressive. Blew away the estimates. Stock up less than 3% though, so I guess mostly priced in. Market slide not helping. Maybe going lower but I snagged a little. With that blockbuster quarter sitting there, I think momentum could carry this one to $35-$40 in the weeks ahead.

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