Three stocks are jumping on a wave of technology implementation to boost their margins and bottom-line earnings.Short sellers recognize the potential upside in these stocks, as seen in the recent decrease in short interest levels.
As the threat of inflation looms in the back of economist’s heads, investors should start to consider buying shares of retail companies with rising margins to outpace inflation, brought to reality by the use of technology. Such names include1. Wall Street Analysts Predict Double-Digit Upside for Domino's Pizza
One reason for this renewed bullish sentiment is the company’s business model, which relies heavily on its affordability proposition to customers and its ability to maintain ingredient quality through margin expansion. That’s not all for the bullish evidence that has stacked up in favor of Shake Shack’s future, though; short sellers realize that Shake Shack’s growing digital sales as a share of net revenue poses a potential run to the upside coming soon, so they also decreased their short positions by 6.1% during the past month alone.
More than that, the National Pension Service has lately decided to add to the institutional buying pressure in the stock.
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