1-800-Flowers.com FLWS has been in price consolidation mode since 2022 and may be gearing up for an upward move as my historical selected simple moving average reconnects with the price. The company is expected to become profitable in 2025 and the holiday season is approaching. Historically, this is the period when the price begins to rise. With a 25 million float and 14.54% short interest, this ticker could get interesting if it takes off. But be cautious as the economy seems to be showing signs of slowing... At $8.00, FLWS is in a personal buy zone.
Target #1 = $9.20 Target #2 = $10.50 Target #3 = $20.50 (long-term if the economy is strong...)
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