PIR (Pier 1 Imports Inc) has hit the first price target, T1 at 4.56, for a quick (1-day) 5.1% gain. Active traders might consider booking partial or full profits while longer-term traders/Gr &Inc investors might opt to hold out for T2 – T4. PIR was added yesterday as both an Active Long Trade, for those looking for a quick pop up to the T1 price target, as well as a Growth & Income Trade for longer-term traders & investors looking for a trade/investment idea with the potential for capital appreciation as well as an attractive dividend yield (about 6.5%).
PIR daily Feb 17th