Is Growth Back at Urban Outfitters?
August 21, 2012
We dig into the retailer’s strong second quarter, but we’re not fans of shares here.
Footlocker Rides Nike to Strong Second Quarter Results
August 21, 2012
Footlocker continues to capitalize on Nike’s strong product offerings, but we think shares are fairly valued.
Lowe’s Second Quarter Disappoints; Outlook Slashed
August 20, 2012
Home improvement heavyweight Lowe’s reported a poor second quarter, substantially lagging Home Depot. We continue to stay away from the shares.
Aetna Nabs Coventry
August 20, 2012
Consolidation continues in the health insurer space, as Aetna acquires Coventry, a company leveraged to Medicaid.
Alert: Best Idea Apple Hits All-Time High
August 20, 2012
Best idea Apple is setting another all-time price high today. We continue to expect upside to over $800 per share.
The Gap is Back…But We’re Not Chasing It Here
August 17, 2012
Retailer Gap (click ticker for report: ) shrugged off sluggish international demand to post another strong quarter Thursday. For its second quarter, the retailer grew sales 6% from the same period a year ago, to $3.6 billion, north of consensus expectations. Earnings per share increased 40% to $0.49, which was also better than consensus estimates. The firm hiked its 2012 bottom-line earnings per share guidance range to $1.95-$2.00, a meaningful increase from its previous range of $1.78-$1.83. Other than its international segment, Gap is firing on all cylinders. Systemwide same-store sales grew 4% year-over-year, despite a 5% decline in the international division. Though Gap North America and Banana Republic lapped negative comparisons, both segments grew 7%. Management noted trends regarding
Is Sears the Ultimate Value Stock?
August 17, 2012
We don’t think so, but we assess the retailer after its weak second quarter results and bullish commentary from Bruce Berkowitz.
Wal-Mart Keeps Rolling
August 17, 2012
After struggling in 2010, Wal-Mart is back on track. Still, we think shares are fairly valued.
Ross Stores Posts A Strong Second Quarter
August 16, 2012
Discounter Ross Stores posted strong second-quarter results, but shares are too rich for our liking.
Cisco Makes Itself a True Income Investment
August 16, 2012
In addition to reporting strong earnings, Cisco boosted its dividend 75% to give it a meaningful yield.
