Investors have overreacted following Quiksilver's (ZQK +6.2%) weak FQ1 report last week, Janney...

|By:, SA News Editor
Investors have overreacted following Quiksilver's (ZQK +6.2%) weak FQ1 report last week, Janney says, and are focusing too much on "near-term headlines while missing the bigger picture" involving a re-acceleration starting in Q3. Asserting shares should be bought on the dip, the firm maintains its bullish stance on the outdoor sports outfitter.