BBBY buy...Holiday shopping may be cheerier than investors expect, Barron's says ....market is underestimating the holiday opportunities at BBBY
November 11, 2012
19:53 EDT BBBY theflyonthewall: Holiday shopping may be cheerier than investors expect, Barron's says
With consumer confidence at a five-year high, shoppers will likely open their pockets this holiday season, Barron's contends. Solid year-end results could lift stocks with heavy holiday exposure, but investors should shop carefully for them because many are too expensive. However, there are bargains to be found. The stock market is underestimating the holiday opportunities at these five companies: Apple (AAPL) which offers Fast growth, a massive cash stockpile and a dividend. Bed Bath & Beyond (BBBY) has a department-store valuation, but with more room for growth. Coach (COH) which had healthy sales growth and the stock is less than half as pricey as Michael Kors (KORS). FedEx (FDX) expects record holiday sales and the stock is cheaper than UPS (UPS). Jos. A, Banks (JOSB) which is riding the jobs recovery and recently boosted its expansion plans.