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Consumer stocks to sell now: #4 -- AnnTaylor (ANN) |
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| Jun 07, 2009 04:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Consumer experience, Stocks to Sell
If so, I would want to be darn sure about future earnings prospects needed to support a premium valuation. In the case of AnnTaylor (NYSE: ANN), I'm not convinced that future prospects are secure. Recently, the company announced cautious guidance suggesting that difficulties will persist through the remainder of the year. This comes in the aftermath of announcing a first quarter loss and decline in same-store sales. Continue reading Consumer stocks to sell now: #4 -- AnnTaylor (ANN) Consumer stocks to sell now: #4 -- AnnTaylor (ANN) originally appeared on BloggingStocks on Sun, 07 Jun 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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Does it make sense to buy a stock that is up 300%?
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