This FTSE 250 share is up 10% today. Would I buy it now?

first_img There’s no dispute that this is a bad time for bricks-and-mortar retailers. Lockdowns put the brakes on their business. And this, when they were already facing heat from online retailers. As a result, many have unfortunately gone into administration. Yet, the speciality retailer Superdry (LSE: SDRY) is today’s biggest FTSE 250 gainer. As I write, its share price is up almost 10% from yesterday’s close. Can the new CEO save the day?The rise coincides with its personnel-related announcement earlier in the day. Its co-founder and interim CEO, Julian Dunkerton, has now been made permanent. He had exited the business entirely in 2018, while remaining its biggest shareholder. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, Dunkerton returned to the helm in 2019 after SDRY posted a dismal performance. His term as the interim CEO was until April next year, but going by today’s share price rise, it looks like investors are happy that he’ll be around for longer.It remains to be seen, however, how long it will take for SDRY to complete its turnaround. 2020 has been particularly bad, and in its recent trading statement the company continued to show a loss. Even though Dunkerton pointed out that e-commerce has played a part in holding up the financials, the fact is that SDRY is still in a financial funk.What’s next for the SuperDry share price?At the same time, going by current investor bullishness, the lows to which SDRY’s share price has dropped in 2020, and its newly acquired management stability, all suggest that its share price rise will continue. Its financials may even start improving sooner rather than later, even if it remains in losses for some time. My assessment of the FTSE 250 stockBut as a long-term investor, I’m still cautious. A new strain of coronavirus has now been found. While there’s nothing to suggest that the vaccine won’t work on it, to me it suggests that precautions will continue, possibly longer than expected. This in turn will impact economic activity further and that includes Superdry. Moreover, as a consumer, I’ve never been quite convinced of Superdry. Compared to other high-street retailers, neither the styles nor the pricing appeal to me. That is just be one person’s opinion, however, and maybe I’m not its target buyer anyway. But at the same time, when I see its lack of appeal coupled with shaky financials, as an investor I’m doubly unsure of the long-term investing value in the brand. An alternative to considerOn the contrary, there are other retailers that have managed to perform reasonably well despite the brakes on business. One of them is the FTSE 100 sports retailer, JD Sports Fashion. Incidentally, it’s the biggest gainer in its index today. This follows news of its acquisition of Shoe Palace, which will increase its footprint in the US, the largest consumer market. I’ve talked about JD’s merits earlier too, and even at its current elevated share price, I still prefer it to SDRY in the retail segment. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh | Wednesday, 16th December, 2020 | More on: SDRY This FTSE 250 share is up 10% today. Would I buy it now? I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Manika Premsingh owns shares of JD Sports Fashion. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 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