
DICK'S Sporting Goods (NYSE: DKS) emerged as a buy-and-hold quality stock before 2020, but its results since confirm the fact. This company is firing on all cylinders after establishing itself as the leader in its category and can compete against big-box stores like Walmart (NYSE: WMT), Target (NYSE: TGT), and Costco (NASDAQ: COST). Its selection of high-quality, brand-name sporting goods spans the recreational universe and is the source for athletes. The brand quality is compounded by an operational quality that sustains financial health despite business investment and capital returns. The net result is a best-in-breed retail stock with a positive growth trajectory, healthy cash flow, and robust return for buy-and-hold investors.