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luremoney (61.97)

December 2012

Recs

1

Sandy and PLCE&BBBY

December 06, 2012 – Comments (1) | RELATED TICKERS: BBBY

Super storm Sandy had a direct hit into the hearts of some retail stores. Among the victims, there are some undervalued stocks lying on the beach Sandy left behind. The first one I am going to recommend is the Children’s Place (PLCE). Investors have abandoned the Children’s Place (PLCE) recently. Shares price dropped more than 15.5% on Thursday last week on cut earnings for 2012. Management now sees full-year 2012 EPS of $3.10-$3.15, down from previous $3.20-$3.30.   [more]

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