Health and safety business ANN boomed during the pandemic which saw demand for items such as rubber gloves literally skyrocket and even during a decent dip in late 2020 the stocks remained well above its pre-coronavirus highs. ANN shares again caught my eye yesterday as they rallied with COVID stubbornly refusing to go away, finally closed up 2%, within a few cents of its all-time high. We believe the stocks destined for fresh all-time highs which is not a big call but certainly a solid read through for the sector.
MM is bullish ANN initially targeting for ~$45
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