Citi Trends (CTRN) hits a 3-year high and shows strong technical momentum, with shares up over 130% in the past year. The stock has a 100% “Buy” opinion from Barchart and a Trend Seeker “Buy” signal, with improving fundamentals and positive sentiment from Wall Street analysts and retail investors. Valued at $364 million, CTRN serves African-American and Latino families with fashion apparel, accessories, and home goods.

Having gained 23.84% since the Trend Seeker signaled a new “Buy” on Oct. 9, Citi Trends traded at $44.97 with a 50-day moving average of $36. The stock has a Weighted Alpha of +116.14, made 11 new highs, and has a Relative Strength Index (RSI) at 77.01. Revenue is projected to grow 6.04% this year and 5.38% next year, with earnings estimated to increase 77.81% this year and 160.20% next year.

Wall Street analysts are bullish on CTRN, issuing 2 “Strong Buy” opinions with price targets between $43 and $53. Value Line rates the stock “Above Average,” CFRA’s MarketScope Advisor rates it a “Hold,” and Morningstar sees it as fairly valued. Investors on Motley Fool and Seeking Alpha have positive sentiments, with 627 Motley Fool investors believing it will beat the market and 2,590 Seeking Alpha investors rating it a “Strong Buy.” With 591 stores across 33 states and new management realigning operations, CTRN presents a potential turnaround opportunity.

Read more at Yahoo Finance: This ‘Strong Buy’ Retail Stock Has Great Earnings Growth and Has Doubled This Year