Here's What Makes Gap (GPS) Stock a Lucrative Pick Right Now
Gap(GPS) Zacks Investment Research·2024-01-12 20:47
The Gap, Inc. (GPS) stock looks promising, thanks to its robust strategic initiatives including the Power Plan 2023 Strategy. This strategy focuses on opening highly profitable Old Navy and Athleta stores while closing the underperforming Gap and Banana Republic stores. The company is gaining from brand strength and solid demand for its products that resonate well with customers. Buoyed by such strengths, shares of this clothing and accessories retailer have surged a whopping 84% compared with the industry’ ...