Tag Team: GPS
Jill: Gap (GPS) is probably one of my least favorite stocks (not just for fundamental and technical reasons) but this retailer has not had a decent trend since maybe skinny jeans in the mid 2000s. It has a strong presence in North America and Europe, as well as dozens of stores in Asia and exploratory stores in Chile, Mexico, Egypt, and South Africa.
In 2012, GPS returned a staggering 67% return. While the share price soared, the company's international operations delivered a disappointing 3% decrease in sales in 2012, adding to 2011's disappointing 7% decrease (maybe "not as bad" is rewarding?) With the company's big plans for 2013 focused on international expansion, I expect that international sales will continue to underperform and in the process, undermine GPS 2013 performance....609 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
