Friday, March 25, 2011

Recreational Farmers and Ranchers Help Tractor Supply Grow

Jim Van Meerten submits:

This morning I was looking at a list of companies that have had sales and earnings growth of at least 10% annually and are expected to continue that growth rate in the future. Anytime you have a list of companies that have equal attributes its amazing that some may be over bought while others are over sold. I take lists that are similar and run them against the Barchart technical indicators to find those that have lagged in the past but are trying to catch up. Tractor Supply Co. (TSCO) was right at the top of the list. While researching this company I came across the term "recreational farmers and ranchers." These suburban clients are giving this company fantastic sales growth and the stock has very positive momentum.

(Click to enlarge)

Tractor Supply Company (TSCO) is a specialty retailer which supplies the daily farming and maintenance needs of its target


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