This $20 Stock Just Got 1 Million Unexpected Customers

Want another unexpected winner in this new COVID-19 world?

Then consider the situation facing 1-800-Flowers (Nasdaq: FLWS) right now…

First off, there are 1 million people in the U.S. infected with COVID-19.

And… that number continues growing by the day.

So, at the risk of sounding unsympathetic, that means 1-800-Flowers now has more than 1 million potential customers to send “Get Well Soon! flowers to – all done conveniently and safely at your home computer.

There’s also a case for even more flowers being sent for deaths and funerals.

On a more uplifting note… This upcoming Sunday is also Mother’s Day.

So that means nearly half the population could possibly get flowers this upcoming weekend, with those Mother’s Day orders occurring right now – as you read this.

At $30 for the cheapest 1-800-Flowers bouquet, that’s quite a sales boost that could carry the company for the rest of the 2020 calendar year.

In fact…

As I listened to last week’s earnings call, it became clear that 1-800-Flowers is one of the only consumer discretionary companies that’s comfortable forecasting an uptick in demand – and traffic – for the rest of the year.

What impressed me the most came from Senior Vice President William Shea, who said…

We are reaffirming our guidance for total consolidated revenue growth for the year of 8% to 9%. We are increasing guidance for EPS growth to a range of 15% to 17% from a previous range of 8% to 10%. We are increasing guidance for adjusted EBITDA growth to a range of 13% to 15% from a previous range of 8% to 10%, and we are also increasing our guidance for free cash flow for the year to a range of $45 million to $50 million from our previous target of approximately $45 million.

Wow, is that strong. Management is confident enough to not only offer guidance but also increase it for fiscal 2020.

With virtually every other company in the world declining to offer forward guidance, this is a very strong, confidence-boosting move by 1-800-Flowers.

Add it all up…

  • A million-plus potential customers
  • Positive earnings mid-pandemic
  • Forward guidance that exceeds previous targets
  • A huge catalyst event in Mother’s Day this Sunday.

Action Plan: I absolutely love the idea of owning 1-800-Flowers. I’d recommend that you start accumulating the shares at current levels.

Want even more winners? Then join me in The War Room!

Earlier this week, War Room member James H. traded 1-800-Flowers and made 75%. He said…

“In yesterday at $1.20 out now $2.10.”

And remember Monday’s Trade of the Day alert on Flir Systems? War Room member Gord used that to make 35%. He said…

“Closed FLIR May 45 @ 35%, thanks BB.”

If you’re ready to start taking these Trade of the Day alerts (which are clearly handing you big winners) and turning them into instant profits, then it’s time you join The War Room today!

See all that The War Room offers you by clicking here!

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