BULLISH ON $AEO($25) with a TARGET PRICE OF LOW $40’S 60%+ UPSIDE

$AEO American Eagle outfitters runs American Eagle and Aerie, in the US and 200 international locals, and online. Mkt cap ~ $4b avg vol 4.8mill

Current P/E is sitting at 17.6 with a projected forward P/E of only 10.1.

The pandemic hit them hard with mall traffic so low but the past quarter EPS is up 803% Q over Q, and sales are up 35%, as foot traffic returns to stores.

$AEO is sitting at support like a coiled snake ready to jump. (LOOK AT THEIR CHART: https://finviz.com/published_idea.ashx?t=AEO&f=101521&i=AEOd103434228i ) It ran as high as $38 in June, and the fundamentals are better now then they were then. Current price is resting on $25 support, and they’re paying a dividend of $.72 about 3% while you hold the shares for the ride up to $40’s.

American Eagle Recently acquired Air Terra a middle leg logistics company that transports goods between the port of LA and Pennsylvania.  The need for these middle market logistics is so large that they are now not just using this for themselves but for their competition and other retailers in different industries. You may want to read about AirTerra because they have huge advantages over UPS FedEx and the like.  You can read about it

Here: https://www.retailwire.com/discussion/american-eagle-acquires-logistics-startup-to-help-transform-its-supply-chain/

Here: https://www.businessinsider.com/american-eagle-acquires-walmart-alums-logistics-startup-airterra-2021-8

Here: https://thefly.com/landingPageNews.php?id=3362865&headline=AEO-American-Eagle-acquired-logistics-startup-AirTerra-Insider-reports

And with a google search.

American Eagle ($AEO) has a short interest over 14% of float according to finviz.com (https://finviz.com/quote.ashx?t=AEO).