+ Watch RH
on My Watchlist
quality at a good price
upscale spending looking to be on an upward trend.
Again look at the P/E ratio
I have not really reviewed the metrics on this one, but based on my own shopping experiences I'm giving it a green thumb. Amazing selection, high quality, nice woods, love the use of LED lighting in there products. If you have the money -- this is where you want to shop to furnish your home. I just see this one growing with time, it appears to be doing everything right -- based on customer traffic and customer satisfaction.
High growth company= high growth stock. P/E is irrelevant during rapid growth stages so ride the stock for a few good years.
IBD 85/85 stock http://news.investors.com/investing-stock-market-today/090913-670316-nasdaq-hits-new-high.htm?ref=HPMStory
Looks like a company that have found a successful formula
RH has been one of my housing plays and I've been richly rewarded. Since higher end retail stocks(Tiffany, COH) have been outperforming the discount retailers, I believe this will be reflected in RH's earnings next week.With that said, I think the price has risen too quickly and likely will consolidate in a matter of weeks/months. However, I suspect the stock will rally anywhere from 2%-8% after it reports next week.I was happy with taking RH off the table this week. I got in at $40. And yes, I am smiling.Respectfully,Patapsco1(Cris)
it has to wait for more housing starts
Fairly short term, soft negative for this stock based on the weakness of some upcoming product introductions (and the lack thereof in some other key product categories.) Also, the RH aesthetic continues to be too narrowly defined which will limit growth. Growth channels outside of home goods appear to be lagging in development phase.
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