KSS, AEO, BGFV. The stocks of these co.'s seem like good ones to "buy low, sell high" – volatile but 'return to the mean-prone', by the looks of it. Obviously quite cheap-looking at the moment, any way you look at it. (No?)
LEVI also looks quite attractive at this valuation. Extremely strong brand name, globally too. Almost no risk of "disruption" – at least not of permanent obsolescence. In the retail space, it seems to me that one would want to buy the ancient names when they currently fall out of favor. One does not want to buy the current fad, unless one is very early, or buy the dip after the fad. (Think GAP during/after late 90's.)
The prices of pretty much all stocks in this sector appear to have fallen off cliffs. Seems a little excessive to me; what may be the reason, except for the consumer feeling/being poorer, and less likely to consume (and a possible looming general recession)? |
