Healthy Signs of Market Leadership
We've got some signs today that make me feel as if the retail business is going to lead us higher, specifically the branded plays such as VF Corp (VFC), PVH (PVH) and Ralph Lauren (RL). I know that J.C. Penney (JCP) spoke positively about the branded portfolio. These companies have also been able to navigate Europe, and cotton has collapsed.
But the most important characteristic of these players is that they are not cheap. Their stuff is more expensive than most of the clothing out there, whether it be the Hilfiger, the North Face or the Polo label....152 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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