Chart of the Day - Dick's Sporting Goods (DKS)

The "Chart of the Day" is Dick's Sporting Goods (DKS), which showed up on Tuesday's Barchart "All Time High" list. Dick's on Tuesday posted a new all-time high of $47.42 and closed +2.90%. TrendSpotter has been Long since Jan 13 at $40.18. Dick's on Tuesday rallied on earnings news and its comment that it has the potential to open 400 more stores over the next several years. UBS on March 2 reiterated its Buy rating on Dick's and raised its target to $52 from $45. Dick's Sporting Goods, with a market cap of $5 billion, is a leading full-line sporting goods retailer in the United States.