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Hot Topic Inc. Message Board

  • trisha1332 trisha1332 Apr 8, 2004 12:20 PM Flag

    retail industry

    i am in college and doing a stock presentation on Hot Topic. Can anyone tell me why the retail industry appears to be falling when the economy is supposed to be doing better.

    Trisha

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    • most retail is taking a hit as the market percieves upcoming interest rate hike will hurt sales. Also market perceives the high gasoline prices will hurt retail as people will not go out and shop as much. Another spin is that this sector is due for a turn by big funds as they have made alot of money. The market has peaks and valleys you aim to go in a straight line across the middle and make money...HOTT is a value at these prices a very good buying opportunity they have their own nisch and will continue to perform.