|Day Low/High||137.57 / 142.06|
|52 Wk Low/High||62.37 / 139.85|
Ralph Lauren delivers strong earnings, increases guidance for fiscal 2014 and announces a $500 million stock buyback.
If Street targets are cut, the S&P P/E ratio could rise past 15x.
The brands it owns and operates make for an intriguing retail opportunity.
The S&P and Dow hit new records as the Nasdaq falls ahead of Twitter's IPO pricing. James Dilworth, PM of the S1 Fund, talks alternatives.
Markets closer mostly higher ahead of pricing on the year's most anticipated tech float tonight - Twitter.
Win some, lose some. I have taken off my VF Corporation (VFC) short for a loss and my Ralph Lauren (RL) short for a gain. I am keeping and expanding my Market Vectors Retail ETF (RTH) short.
Cathy Leonhardt, co-head of Peter J. Solomon's Global Retail Group, says PE interest in fashion intensifies in search for next Ralph Lauren.
Consumers are moving away from soft goods and toward hard goods. I have three shorts in the retail sector: Market Vectors Retail ETF (RTH), VF Corporation (VFC) and Ralph Lauren (RL). The investment rationale is based on an ongoing transition in mix...
Let's take a look at the price action overnight and early this morning in several of the more significant asset classes. S&P futures -1, Nazzies flat, European markets ¿ (but regional news is light), India ¿ (with Rupee still in free fall), Nikkei...
The consumer is very much a mixed bag -- maybe so much so that the Fed will have to put off tapering.
For every big winner, there is a big loser. In retail, for every Home Depot (HD, nice quarter!), there is a Dick's Sporting Goods (DKS, big miss!) I remain short Market Vectors Retail ETF (RTH), VF Corporation (VFC) and Polo Ralph Lauren (RL).
Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. On Monday, I began the week with "Mistaken Mavens" -- bulls have ignored many developing headwinds. Monitis...
Small. I have added a small Polo Ralph Lauren (RL) short to my retail short basket just now.
Expect retail stocks to suffer in the second half. In "Retail Faces Defining Week,"Jim "El Capitan" Cramer outlines his concerns about the retail sector. I am in complete agreement. On July 15, I initiated a short in the Market Vectors Retail ETF (R...
Despite foul short-term guidance, positive catalysts lie in wait.
I remain negative on retail. As the wise man once said, "As goes Ralph Lauren (RL), so goes retail." I remain negative on Market Vectors Retail ETF (RTH) based on stagnating real incomes, monetary policy geared to raising the inflation rate and a fi...
The weakness is helping my RTH short. Polo Ralph Lauren's (RL) share price weakness is helping my Market Vectors Retail ETF (RTH) short this morning.