On 14 September 2016 long position opened in Tractor Supply Co. at USD 68.49. The most important factor supported the investment decision is the oversold feautre of the stock. In addition majority of the analyst’s universe announced buy or hold recommendation. It offers sligthly more than 1% dividend yield.
The company (established in 1938) is a leading US retailer that offers products for agriculture and home development. It reported net income for 2015 over USD 400 mn.