Back in April, I wrote about the bullish case for Tumi (NYSE:TUMI): 5 Reasons To Travel With Tumi After Secondary Offering. At the time, the stock was near the bottom of its multi-month trading range. It then rallied to the top of the range before dropping on Q2 earnings. With the stock price back near the April levels, I want to update my analysis of Tumi. I remain bullish on Tumi for the long term and believe that the bottom end of the trading range is an attractive entry point into the stock. The Q2 results were disappointing but do not change the long term prospects for the company. Tumi is a unique, high-end retail play with...
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