Collective Brands Inc. (NYSE:PSS)
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A specialty family footwear retailer in the western hemisphere, which is dedicated to democratizing fashion and design in footwear and accessories and inspiring fun, fashion possibilities for the family at a great value.
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Collective Brands (PSS) has been sold down to a level where it has become an attractive, long-term investment play. The most recent quarter (MRQ) was full of reasons to be bearish but investors ran away with that bearishness and pushed the stock down to where it doesn’t belong. There are plenty of reasons to believe in PSS long-term, but also a couple of short-term speed bumps to be aware of. Price target $21. Full article here: http://seekingalpha.com/article/279571-collective-brands-is-attractive-at-current-levels-patience-required-for-short-term-setbacks