|Day Low/High||16.27 / 16.93|
|52 Wk Low/High||14.53 / 29.88|
American Eagle Outfitters continues to prosper in a tough industry, so buy some shares or set up a buy-write combination trade, or both.
Can markets go higher? Certainly, but we still need to see higher prices form here on higher volumes in order to confirm that those big kids are playing ball.
Investors should keep an eye on these four names in the week ahead.
AEO is developing a track record of sales growth and they've maintained strong net income.
Keep an eye on retailer stocks this week, with big names set to report their quarterly earnings.
There's enough evidence that the economy is slowing so the Fed shouldn't move on rates, but some big retail and unemployment numbers say the Fed must raise for certain.
Like Chess, we are at the point of the game where each side starts losing pieces that actually matter.
CEO Peter Horvath held top positions at Victoria's Secret, American Eagle Outfitters, DSW and Limited Brands.
Contrarians who bought several "dead men walking" retailers have pocketed big gains by defying conventional wisdom.
The reason I own Nucor stock is for exposure to events such as this.
The groups that are winners will stay winners as long as interest rates maintain their downward trajectory.
Here are a couple of plays that offer two- and even three-digit percentage return opportunities.
* Placing KSS at $63.38, and TGT at $72.82, on my Best Ideas List (short) "Retail is still a falling knife. In the U.S., we have three or four times the amount of retail space per person relative to any other country in the world. Consequently we st...
These areas have little exposure to China, so buy them on any broad-market dip over U.S.-Chinese trade tensions.
Earnings surprises and a $558 million bid for Finish Line say the mall sector might not be finished after all.
"Retail is still a falling knife. In the U.S., we have three or four times the amount of retail space per person relative to any other country in the world. Consequently we start with a very great supply. We have built an enormous number of obsolete...
Macy's, Kohl's and other names actually rose Monday despite a terrible tape.
Let's check out the trends on the charts this morning.
AEO has rallied nicely in recent months, but its long-term outlook is not as clear.
Shoppers are still finding their way to these names selling jackets, jeans and jewelry.
Cross off your holiday shopping list while everything is still discounted.
Quant upgrade and improving technicals make AEO more appealing.
Wall Street was in retreat after enjoying its best day of the summer a day earlier.