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inthemoneystock (< 20)

Abercrombie & Fitch Is The Gem Inside Retail



February 05, 2014 – Comments (1) | RELATED TICKERS: ANF , LULU , RDEN

A majority of earnings from retailers have been horrid this quarter. Whether it is Lululemon Athletica inc. (NASDAQ:LULU), Sears Holdings Corp (NASDAQ:SHLD) or Elizabeth Arden, Inc. (NASDAQ:RDEN), there has not been many bright spots. One stock that gave Wall Street a surprise was Abercrombie & Fitch Co. (NYSE:ANF). After reporting, the stock surged from $33.21 to a high of $38.15. As the markets have collapsed in 2014, ANF has dropped sharply. This gives us an opportunity to buy a retailer who is actually performing for a great price. This looks solid at its current price of $32.52, -0.64 (-1.93%).

Gareth Soloway

1 Comments – Post Your Own

#1) On February 05, 2014 at 11:08 PM, awallejr (28.17) wrote:

I wouldn't touch it.  Too fickle. Plenty of over places to park one's money. Seriously what is so compelling for this stock?

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