mpharbold1

Perry Ellis: Bargain Stock

I used to trade PERY and I did ok with it. But the landscape has changed. Today, I wouldn't buy any company loaded with debt that is directly tied to the consumer. The off-balanced debt load is enough to keep me away.

I like some of their clothes and if you want to get some good Perry Ellis clothes for a good price, shop on ebay. But, I wouldn't buy the stock in this environment.

If you want a good stock tied to the consumer, check out PSMT. Pricesmart has more cash than debt, growing earnings, and incredible same store sales comparisons. They do not rely on the U.S. consumer.