Tiffany & Co. (NYSE:TIF)

One of the best luxury brands out there, now on the cheapest level since a long time.

Buying on the dip

Hedge.

12/18

People who shop here were not really impacted by the recession, they are still buying

The little blue box is special and it allows Tiffany's to charge more for the same item than their competitors. It's a durable competitive advantage.

Great business model, will grow like crazy, high-end consumers have recovered more.

ha ha ha ha ha ZIPR... = run up in the market and these ridiculous stocks....

a stable economy will increase confidence and lets face it bling is still in for those who have the dough

s&P 5 star. 1.6% dividend

There is a line in the stores for silver trinkets with the Tiffany logo. Well run luxury company that is ready for recovery

The high-end retail segment's coming back (in fact, it might already be back) faster than the rest of retail, and Tiffany's one of the most recognizable brands in luxury.

Tiffany & Company (NYSE:TIF) a Great Pick

Shares of Tiffany & Co (NYSE:TIF) returned 48 percent over the past three months. The company has been benefiting from increasing consumer spending internationally and a strengthening U.S. economy. To put Tiffany’s 48% return in perspective, I analyzed the returns from all of the roughly 2000 components of the NYSE.

The NYSE average returned about 10 percent over the last 3 months, with a mean return of 15 percent. The single best performer over that time period was Hypercom Corp (NYSE:HYC), an electronics payment processing company that was purchased by Verifone Systems (NYSE:PAY) and gained over 150% since September. The single worst performer was Duoyuan Printing, Inc. (NYSE:DYP), a Chinese printing equipment supplier that has been unable to complete its financial audit and has delayed posting financial results. That stock has lost about 60 percent in 3 months.

Tiffany’s 48% return is 38 percentage points better than the broader average. With a mean return of 15% for all components of the exchange, and a standard deviation of 19 percent, Tiffany’s return puts it in the 94th percentile of all stocks in the NYSE over the past three months. Picking stocks at random from the group, an investor’s odds of producing returns equal to or greater than Tiffany’s was about 4.4 percent. Those are the same odds as being intercepted on a pass against the NY Giants (http://fifthdown.blogs.nytimes.com/2010/10/14/week-6-n-f-l-game-probabilities/). Both cases clearly represent a great pick.

Retail is always a competitive, difficult industry.However, it always helps to have a high-end consumer and corporate luxury franchise like Tiffany in NYC.

Tiffany is a strong BUY for the upcoming Holiday season and beyond.

Kahuna, CFA
le 08 novembre 2010
Kailua-Kona, Hawaii

The rich get richer

Wealth will continue to consolidate and will make it necessary to show off wealth, also the dwindling middle class will continue to buy high price items to purport they are of a higher tax bracket than they really are.

opening new stores in china and cash rich

Acquired wealth is beginning to come out of hibernation, and Tiffany is waiting to greet it.

While not attractively priced, TIF should outerform the S&P based on numerous factors. The company continues to see strong demand in China and is increasing their presence in that country. With closing of some 5,000+ Jewelery businesses during the recession, TIF is well positioned to take advantage of even in the slighest uptick in US consumer demand. With the incredible recovery since the March 2009 lows, wall street will start to open it's wallet once again, and TIF's flagship NY store will benefit. TIF continues to penetrate more rural communities with it's downsized store verisions and it is expanding into new market segments with new, cheaper designs and leather goods. Tiffany has excellent management and it's Brand Name is untouchable. Did you see Kate's 2.5M Necklace at the oscar's?