|Day Low/High||11.25 / 11.28|
|52 Wk Low/High||9.46 / 31.55|
They're cheap, have lots of cash, and/or have fairly strong brand names.
The specialty retailer has been a great value play previously; can it regain its legs and make another run?
A disappointing fourth-quarter report initially drove its shares down Thursday, but they regained most of the lost ground by day's end.
If you buy volatility today, be ready to pull the trigger intraday Tuesday.
It was not a great year for this value portfolio, with only 5 stocks in positive territory for the year.
Easier said than done: They also have to turn sales around.
I'm not tempted, however... a bit burned out on down and out retail.
The longest line we witnessed was outside the Nike store; now that was a line.
The big question for TPR is whether the China concerns are overblown, or will continue to weigh on the sector.
This mix of 20 deep-value names was outperforming a couple Russell indices three months back but is trailing them now.
Especially painful are situations where a name begins to drop almost immediately after taking a position.
Dick's Sporting Goods and Foot Locker are among the specialty retailers that bounced back after a butt-whooping last summer.
Newell Brands' post-earnings pummeling the last two days offers an entry point; can it pay off like Fossil has this year?
Two other value names, Kulicke & Soffa and FreightCar America, draw mixed reactions after posting results.
The sale of FOSL and CATO, and a partial HIBB, have significantly reduced my overall exposure.
Fossil Group has done most of the heavy lifting among the small stocks in the portfolio, though there are other winners, too.
Value investors often struggle when to close a position, particularly if a stock turns around faster than anticipated.
Specialty retail is indeed a tough area, but in classic form, markets have overly punished a number of them.
Make no mistake, this is a scaled down version of the high-flying Fossil from a few years ago.
FOSL is up 92% since I launched this group, while HIBB is ahead 27%.
This 'motley crew' of value is not for the faint of heart.
The prudent move is to ring the register and sell off half the position.