Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Destination Maternity Up 17% Since I Called It 17% Undervalued Less Than A Month Ago

|Includes: Destination Maternity Corporation (DEST)

I am pleased to see that Destination Materninty (NASDAQ:DEST) closed its undervaluation gap. It is up 17% since I called it undervalued on June 24 and I consider it fairly valued now. With the next earnings scheduled for July 25, investors can either stay long and bet on the earnings outcome or take profits off the table and look for the next undervalued stock. A 17% profit in under a month coupled with now a fair valuation is a good reason to exit if you have other value opportunities.