Seeking Alpha

Two battle-weary retailers shoot higher

  • Two beat-up retailers have fallen back in favor this week as J.C. Penney (JCP +8.2%) and Abercrombie & Fitch (ANF +6.4%) both show surprising rebounds.
  • Some of the more caustic retail watchers are quick to note that the gains are being built up on commentary instead of financial performance.
  • On one thing nearly everybody agrees: There is more drama coming down the road for the two companies.
Comments (3)
  • DeepValueLover
    , contributor
    Comments (8139) | Send Message
     
    Welcome to Squeeze Town.
    4 Mar, 09:54 AM Reply Like
  • c.sullivan
    , contributor
    Comments (3) | Send Message
     
    Not so sure jcp share price is being driven by commentary, S & P requires a little more than that before they raised JCP rating
    4 Mar, 10:51 AM Reply Like
  • Dr Joseph Haluska
    , contributor
    Comments (290) | Send Message
     
    Well said.
    4 Mar, 06:11 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|