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Buy Ross Stores (ROST) On Earnings Beat And Positive Outlook.

|Includes:Ross Stores, Inc. (ROST)

Today Ross Stores reported an earnings beat and renewed increases in earnings projections.

http://seekingalpha.com/news-article/6500091-ross-stores-reports-april-same-store-sales-gain-of-7-increases-first-quarter-earnings-per-share-estimate

They seem to be in a rising sector rotation and should surpass last falls price of $70.

I believe the global apparel market is picking up in the discount portion of the industry. This stock is up 22.26% so far this year. It may be cyclical, but it has done well for me over the years. I drip it and am happy with the returns.

Disclosure: I am long ROST.

Stocks: ROST