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Byline: JUAN CARLOS ARANCIBIA
Urban Outfitters, one of the most successful retail stocks of the current bull market, has been forming a new base since late July.
This is a fifth-stage base, a type that results in fewer good breakouts than early-stage bases.
The company operates about 75 Urban Outfitters stores that are aimed at young adults. It also runs the Anthropologie chain, which caters to suburban women ages 30-45.
Its three-year sales growth rate is 38% and its EPS Rating is one of the highest among the 63 companies in the Retail-Clothing/Shoe industry group. Quarterly after-tax margin has been trending higher the past three ...