The Hot Stock: Alliance Data Systems Jumps 8.3%

Alliance Data Systems (ADS) soared to the top of the S&P 500 today after beating the Street’s earnings and revenue expectations.

Alliance Data Systems gained 8.3% to $260.62, while the S&P 500 rose 0.8% to 2,355.84.

Evercore ISI’s David Togut and team argue that Alliance Data Systems is “checking the right boxes.” They explain:
Source: Barrons

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