Morgan Keegan Recommends Top Retail Stock Picks
Source: http://ceoblogger.wordpress.com/2008/07/01/morgan-keegan-recommends-top-retail-stock-picks/Posted on Tuesday, July 1st, 2008 | In Current Market News, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -
Morgan Keegan analyst Brad Stephens recommended the following stocks on CNBC:
1. Warnaco Group
a. 70% of business is Calvin Klein brand, which is #2 luxury brand worldwide
b. 55% of sales outside U.S.
c. international play
2. Fossil
a. owns licensing for Burberry, Armani, DKNY
b. wholesale sales- 52% outside U.S.
3. Aeropostale
a. price structure is below competition, which should help in this weak economy
b. only U.S. retailer he likes
Track Brad’s picks at:
http://www.trackthepros.com/categories.php?category_id=840
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Tags for this Post:
Armani, Calvin Klein, Category Id, Cnbc, Current Market News, economy, Fossil, Luxury Brand, Morgan Keegan, Play 2, Price Structure, Retail Analyst, Retail Stock, Stock Analyst, Stock Picks, stocks, Stocks to Watch, Warnaco Group, Wholesale, Wholesale Sales
Armani, Calvin Klein, Category Id, Cnbc, Current Market News, economy, Fossil, Luxury Brand, Morgan Keegan, Play 2, Price Structure, Retail Analyst, Retail Stock, Stock Analyst, Stock Picks, stocks, Stocks to Watch, Warnaco Group, Wholesale, Wholesale Sales
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