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Well the clothing industry just took a beating due to the warm winter, it's hard to buy sweaters when you're running around in 70 degree weather. The upside of that is that over time the weather will normalize. Goody's has some of the neatest new stores you've ever seen, if you're around one check it out. They have 223 stores in the Southeast and Midwest. Goody's is selling at only 9X earnings at this time. With a well seasoned management crew running the show and the current expansion plans in place this stock could easily go back to it's old highs in the upper 20's...Now is a good time to buy while the price is has been beaten down due to the warm winter sales slump that all clothing retailers went through. Three out of 5 analysts rate Goody's a strong buy. |