Ollie's Bargain Outlet Holdings, Inc. (OLLI) operates as a retailer of brand name merchandise.
The company offers food products, housewares, books and stationery, bed and bath products, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting, pet and lawn, and garden products.
It provides its products primarily under the Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands Real Cheap!, Real Brands! Real Bargains, Sarasota Breeze, Steelton Tools, American Way, and Commonwealth Classics names.
As of June 5, 2018, the company operated 277 store locations in 21 states across the Eastern portion of the United States.
Shares have formed a bullish "cup and handle" and are expected to move higher out of this formation. The formation is supported by the stock's 50-day moving average.
Entry Point: $88.60
Stop Loss: $84.10
Trading Range: $42.36 - $97.61
Target Price: $97.45
OLLI closed at $89.40