Opportunity in the Pullback: Buy Tractor Supply on Valuation Reset and Self-Help Execution
Tractor Supply (TSCO) has been punished after a soft Q1 and a clumsy pet-food rollout, yet the core rural retail franchise remains intact. With a market cap of roughly $16.1B, a forward P/E near 15x, positive free cash flow and management-led self-help initiatives, the risk/reward favors a long trade from current levels. This idea lays out an entry…