I am recommending the sell of the retailing sector. Why? The reason is simple, no one is buying anything right now. When was the last time you heard of a friend, neighbor, or colleague bought a new car? I tell you that it is obvious all over America (if not the world) put discretionary spending on perma hold a couple of weeks ago. You can rest assured that there isn't a retailer in America (even Walmart) that will have a great quarter.
Ever since Bush went on prime time consequences..... the retail market has come to a screeching halt that is only slightly less frozen than the cr
I bought ANF Nov 70 puts at $13.30. It's starting to show a topping formation at around 33% fib retrace. This is an anti-$200 pants in a recession play.
Retail stocks have been getting hammered and consumers remain under heavy pressure. That should delight doctrinaire contrarians. Buying when times are bad can definitely produce great results down the road, so this may, indeed, be a good time to look for retail bargains. But since we don't yet know how close or far we are from a significant bottom, such investing is best approached with careful and discipline. Presented here are 10 stocks, some well known with others flying under the radar, produced by a model that has shown an ability to cherry-pick within this presently-beleaguered group.
"If (investors) insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful" -- Warren Buffett, 2004 Berkshire Hathaway Annual Letter
Over the past several months, retail has been among the areas hardest hit during the market's downturn. Clothing, electronics, furniture and department stores have all taken their licks.
I know, I know, with the economy sputtering, why would you ever want to be invested in an apparel company that produces expensive jeans? Let alone have it recommended by a typically short-selling trader like me! But before I tell you the name of this stock that despite the obvious economic problems -- strong oil, weak housing and the dollar, mounting foreclosure, etc -- is sitting right near all-time highs, looking to break out, let's ...
5/16 - "We continue to be amazed that casual luxury teen retailer ANF trades at a discount valuation, despite the proven strength of its portfolio of concepts, ability to generate full price selling at premium price points, and consistently stable industry-high operating margins. At 11.4x our FY2009 EPS estimate of $6.66, ANF is trading at a substantial discount to the sector average of ~15.2x and its long term organic growth rate of 18%, which we think is undeserved."
"With ~$2.08 in cash per share, a $0.70 annual dividend,
a share repurchase program, as well as sales and earnings growth ...
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob’s Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
I write about all of the different things I want to accomplish here on this website and one of the important parts of analyses like these are to find out if they are truly working in the ‘real world’. In other words, what’s the use of writing something up if I don’t take the times
American
Eagle Outfitters (AEO) is a staple clothing retailer in most US and Canadian
malls that caters to the 15 to 25 year old demographic.<!--more--> It is in the process of
expanding its concept store Martin + OSA to focus on the under served 25 to 40 year
old market, as well as other new concepts that should be strong growth drivers
in the future. AEO has very strong brand
recognition with 12 to 19 year olds and is ranked 2nd only behind
Nike in a spring 2007 survey by Teen Research Unlimited.
AEO opened it’s first store in 1977 and has aloyal customer base that has grown up alongside
A closer look at clothing retailers American Eagle Outfitters (AEO) and Abercrombie & Fitch (ANF) suggests the future may be less grim than expected, especially for ANF.
I write about all of the different things I want to accomplish here on this website and one of the important parts of analyses like these are to find out if they are truly working in the 'real world'. In other words, what's the use of writing something up if I don't take the times to look back and find out how they worked out? And see if the stocks mentioned still belong on this website?
It is hard to believe, but this blog is approaching five years in operation, with the first post placed back on May 12, 2003! This is actually entry #1,797, and I am now up to reviewing entry #18! It
It is always nice to see an 'old pick' make the lists on the top % gainers and continue to perform well.
Looking through the list of top % gainers this morning , I came across an 'old favorite' of mine, Abercrombie & Fitch (ANF) which as I write is trading at $78.49, up $1.37 or 1.79% on the day. (As sometimes is the case, the stock as the morning went on is no longer on the list as I write, but being the author of this blog, I always reserve the right to write up a stock that made the list as I was researching the stock but then dropped off the list as other stocks moved higher as w
Looking for the bottom?....Keep looking.
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