Tractor Supply Company (NASDAQ:TSCO) is included among the 15 Best Stocks to Buy for Medium Term.
Photo by
Dan Dennis on
Unsplash
Evercore ISI upgraded Tractor Supply Company (NASDAQ:TSCO) to Outperform from In Line and raised its price target to $65 from $60, according to a report by The Fly. The analyst noted that traffic trends are improving, growth initiatives are gaining traction, and the stock’s valuation “now provides a compelling entry point.”
In the third quarter of 2025, Tractor Supply Company (NASDAQ:TSCO)’s comparable store sales rose 3.9% year over year, driven by growth in both transactions and average ticket size. Transaction count increased 2.7%, while the average ticket grew 1.2%. Combined with new store openings and a recent acquisition, these factors helped net sales for the quarter climb 7.2% to $3.72 billion. For comparison, second-quarter comparable sales grew 1.5%.
Looking ahead to Q4, Tractor Supply Company (NASDAQ:TSCO) expects comparable sales (same-store sales) growth of 1% to 5%. The midpoint of this range aligns with the long-term comp algorithm and suggests that sequential momentum could continue if seasonal categories perform as expected.
After opening roughly 90 new stores this year, management plans to open about 100 locations in 2026, partly supported by 18 recently acquired Big Lots sites. This represents a tangible unit-growth driver on top of an expected same-store sales growth of 3% to 5%, which could keep total revenue growth within the algorithm’s range even if same-store sales don’t hit the high end of the target.
Tractor Supply Company (NASDAQ:TSCO) is the largest rural lifestyle retailer in the US, offering products for farmers, ranchers, homeowners, and pet owners.
While we acknowledge the potential of TSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Best Long Term Stocks to Buy According to Reddit and 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term.
Disclosure: None.