Children's Place Retail Stores, Inc. (NASDAQ:PLCE)
CAPS Rating:
The Company is a specialty retailer of children's merchandise. It designs, contract to manufactures and sells high-quality, value-priced merchandise under its proprietary 'The Children's Place' and licensed 'Disney Store' brand names.
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Everyone is so eager to be in consumer discretionary stocks before the economy turns that this stock has nearly tripled off its 52-week low. Good company, but an expensive stock. Recent push to $40 brought out heavy insider selling too. Dangerous stock to buy near highs with likely poor Christmas retail season ahead.