New York & Company, Inc. (NYSE:NWY)
The Company is a retailer of fashion-oriented, moderately-priced women's apparel.
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Recs
Not convinced of their longevity but at $11 I'll take it to go to $15/16+ within a year.
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Low stock price that will rise over the holiday season.
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Been hit up bad, but i like their potential & growth
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My wife likes the winter 2006 collection, they finally replaced the spokespeople with some really popular actors, and the financials are depressed by a lot of bad news. Plus, it looks like this stock likes climbing higher late in the year.
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has been cut 50% on some poor performance in Jan-Jun, should pick up this Fall because of good clothing, All personal market research has been pointing at comeback to the higher teens, lower 20's
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hang on until 4Q results
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Too beaten down, a little success at Christmas will send the price higher
Recs
This repeat Hidden Gems recommendation has been beaten down. For the past year, they tried to market their product using sexy and trendy appeal, despite their target of "fashion-conscious, value-sensitive women between the ages of 25 and 45." NY&C product appeals to their target demographic, but the marketing has missed the mark. The switch from Desparate Housewife Eva Longoria to Grey's Anatomy's Ellen Pompeo and Patrick Dempsey ("Dr. McDreamy") is now in place, their new fall line is receiving good reviews, and this company looks like it has finally discovered itself.
Recs
Grey's Anatomy stars. Improving financials. Need attractive fashion.
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Struggling but very cheap retailer, should turn around.
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Charlie Munger could accuse me of "thumb sucking" and passing up a nice 20%+ pop in New York and Co. over the last month - but I'm still leary of this company, at least in the short term.
I started looking at NWY in the low $9s and asked my wife (the retail authority in our household) - she didn't have much to say other than the company is "lower middle market" oriented. With her less than enthusiastic report, and the continuing shuffling among the company's leaders, I think they have a little way to go before they can regain lasting upward momentum.
Recs
I'm really just digging into these guys but from reading the newletters recs and reading what others have said, I agree they are beaten down more than they should be and will climb their way back just fine
Recs
Cyclical industry; stock on the cheap.
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Crazy cheap.
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This one's been hammered for underperforming, but enough's enough. They can't keep making mistakes forever, but the price of the stock seems to think so.
Recs
not long term, but definitely for the near future.
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