Gap Isn’t An AI Stock, But It Has Years Of Upside Surprises Ahead

Anyone else notice that Gap (NYSE:GPS) stock has been on an absolute tear since May 2023?

Since May, GPS stock has made a big move from $7 to $27. Much of it is justified, as it’s coming from strategic initiatives starting to pay off. Gap seems to have turned the corner across all its brands – Old Navy, Gap, Banana Republic, and Athleta.

Now in fairness, Gap appears to be at a critical juncture where it either breaks out or breaks down.

Which will it be?

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