Retail is a very broad topic (as evidenced by the companies in your post).
For some retail stocks, I'm not sure consumer confidence numbers are meaningful. Especially companies that cater to teenagers. They get money, they buy. (Or so the stereotype leads me to believe.)
I don't know how to tie retail to Buffett, but we know he or his surrogate have bought retail stocks before (e.g. JNY), so retail is a decent topic for discussion here. As regards the stocks you mentioned, I can't easily figure if these companies are a growth play and if so, what's an appropriate price for an investor to pay for them. They look too expensive for me as value buys.
I own a slew of retail stocks. Right now this slew seems to have slain me. Looking through my list, I'd guess the best business reports are coming from SHRP. My pick this morning (my perspective changes frequently) for most-undervalued-with-the-best-guess-for-recovery-if-management-can-catch-the-right-fashion that I have is GADZ. I have several others also that have been mentioned on Value thread as alleged values: SKX, PERY, a couple of cigar butts, a couple of net-nets and a couple of 2nd rate and regional department store chains. My most recent buy, retail, (and only a tiny, exploratory position) is what I'll call retail adjacent: retail servicer NCR. I'm considering adding MAY and SYM to my watch list. As for sales, I've been trimming my position in ZQK.
finance.yahoo.com
fwiw,
Paul Senior |
