Chart of the Day - Tractor Supply Company (TSCO)

The "Chart of the Day" is Tractor Supply Company (TSCO), which showed up on Friday's Barchart "All-Time High" list. Tractor Supply on Friday posted a new all-time high of $103.74 and closed +3.07%. TrendSpotter has been long since July 27 at $91.94. In recent news on the stock, RBC Capital on Aug 7 initiated coverage on Tractor Supply with an Outperform and a target of $105. JPMorgan on July 26 upgraded Tractor Supply to Overweight from Neutral and raised its target to $100 from $90 on valuation and improving fundamentals. Tractor Supply Company, with a market cap of $7 billion, is a specialty retailer which supplies the daily farming and maintenance needs of its target customers: hobby, part-time and full-time farmers and ranchers, as well as rural customers, contractors and tradesmen.