May. 12 at 11:06 PM
$TSCO see a lot of bagholders with emotional posts. Nothing for management to explain, this was priced as a PREMIUM GROWTH STOCK- the growth has no evaporated, so the stock is re rating as a mature retailer. Nothing crashed in the business, just erosion of com growth and margins. The company is healthy and dividend is safe, but the stock was way overpriced for the growth it “IS NOT” experiencing. You’ll notice the stock when to severely indeed percent after 2019. Those gains were for growth, and growth is now gone. If you believe the company is good, then Don’t freak out and DCA if you can!