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1 pt

ROST: Ross is Working

 Jul 14, 2008 04:46 PM UTC
Billtrent
Return Risk
-21.66% LOW
Principal
Symbol Sentiment Start Return Closed
XLY n/a
BJ n/a
ROST Positive 07/14/08 -20.55% --

Graphic_arrow1 Via Stock Market Beat:  

My latest column is up at RealMoney.

This has been a terrible time to own stocks tied to consumer discretionary spending. The Consumer Discretionary SPDR (XLY) is down more than 16% so far this year. So I’m somewhat surprised to find myself giving serious consideration to a retail stock that is up more than 50% since January.

Ross Stores (ROST) operates more than 900 stores, selling first-quality, in-season, name-brand and designer apparel and housewares at 20% to 60% off the regular prices of department stores and specialty stores. Ross targets value-conscious women and men between the ages of 18 and 54, a demographic that currently includes just about everyone.

After three quarters of exactly matching the consensus estimate, Ross beat its numbers by 2 cents a share in the April quarter. This month the company announced that June same-store sales were up a robust 8%

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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 17.80 +39.28% 79
2 15.63 +15.75% 10
3 14.33 +16.71% 41
4 14.22 +22.85% 16
5 13.47 +29.97% 183


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