LightInTheBox (NYSE: LITB
) is a global retailer that is focused on direct-to-consumer sales.
Sales are up 77% in Q4 period with a further acceleration expected in the current quarter.
YoY growth in the current quarter will be around 125% if not higher. We believe that Light in the box could grow more than 100% by 2022 and even more by 2023.
According to charts, price is also at solid support level. If you buy this stock, don’t risk more than 1% of your portfolio value.