Gap Stock Rises 9% in a Month: Should You Buy Now or Wait?

Gap, Inc. (GAP) has shown impressive growth recently, with its stock appreciating 9.4% in the past month. This performance outpaces the industry's growth of 2.8% and the S&P 500's 2.4% growth. Several factors, including lower commodity costs and improved promotional activity, have driven this stock's outperformance. Image Source: Zacks Investment Research GAP's current stock price of $22.50 reflects a 26.4% discount to its 52-week high of $30.59. The technical indicators show that the stock is trading above ...