Barron's bullish on PVH as Calvin Klein product lines reunite

|About: PVH Corp. (PVH)|By:, SA News Editor

"Investors should regard it as a clear path to faster profit growth," Jack Hough says of PVH's move to reunite Calvin Klein's product lines with the $2.9B purchase of Warnaco.

Barron's is bullish on PVH and says the shares could gain as much as 20% next year if the Warnaco purchase is handled as well as the fist Calvin Klein deal (in 2003) and the Tommy Hilfiger buyout (in 2010).

They have "a knack for making ... purchases pay off for shareholders," Hough says.

See also: A lot to like with PVH