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Taking Profits On The Gap

Sep. 22, 2023 3:01 PM ETThe Gap, Inc. (GPS) Stock2 Comments
Patrick Doyle profile picture
Patrick Doyle


  • After buying shares of The Gap, Inc. and being rewarded with positive return, I am taking profits due to relative valuation concerns.
  • The company's financial results have improved, with net income swinging from a loss to a positive figure, but profitability is still lower than pre-pandemic levels.
  • The dividend is well covered and the company has returned to profitability, but the dividend yield has dropped, and I prefer a risk-free investment with a higher yield.
Abstract financial graph with up trend line candlestick chart in stock market on neon light colour background


It’s been a little over two months since I bought back into shares of The Gap, Inc. (NYSE:GPS), and about one month since I added to the position. In that time, the shares are up nicely, returning about 11.6% against a

This article was written by

Patrick Doyle profile picture
I'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I’ve developed a piece of software that helps me track the level of optimism and pessimism embedded in stock price. I seek to challenge the assumptions embedded in price by profitably exploiting the disconnect between what the market thinks and what is a likely outcome. I invest in those companies that have a greater than average chance of giving us all a surprise in the next few months.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GPS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I'm currently long 800 shares, but am about to sell them.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Comments (2)

Christos Nikolaou profile picture
The competition is immerse and the current economic climate with high interest rates make it hard for the company to outperform. Plus it is one of the most expensive retailers out there.
abdulmoiz1254 profile picture
@Christos Nikolaou
Meh still in still greening
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