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Ross Stores: SSS Growth Should Accelerate, But Share Price Upside Is Still Limited
ROSTRoss Stores(ROST) Seeking Alpha·2024-11-26 04:20

Core Viewpoint - The analyst maintains a hold rating on Ross Stores (NASDAQ: ROST) despite a positive outlook for same-store sales (SSS) growth, indicating that the current valuation is not attractive [1]. Group 1: Company Analysis - The analyst previously covered Ross Stores on September 17, 2024, and expressed concerns about the attractiveness of its valuation [1]. - There is an expectation for SSS growth to accelerate, but this has not changed the hold rating [1]. Group 2: Investment Approach - The analyst employs a diverse investment strategy that includes fundamental, technical, and momentum investing, utilizing the strengths of each approach to refine the investment process [1]. - The purpose of writing on Seeking Alpha is to track the performance of investment ideas and connect with like-minded investors [1].