PVH Is a Long-Term Growth Story, Should be Bought on Weakness

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PVH Is a Long-Term Growth Story, Should be Bought on Weakness

PVH Is a Long-Term Growth Story, Should be Bought on Weakness
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PVH Is a Long-Term Growth Story, Should be Bought on Weakness

by TheStreet.com Videos 2:29 mins

TheStreet's Action Alerts PLUS co-portfolio managers Jim Cramer and Stephanie Link say Macy's has a good partnership with PVH, which has a 50% share of the tie market and 25% of the shirt market. Cramer says PVH is a restructuring story and is doing a good job of integrating two of its brands, Tommy Hilfiger and Calvin Klein, into the organization. Link says she is seeing upside in Europe which is not reflected in the PVH share price. Cramer says PVH and VF Corp are companies to invest in for the long-term because they are worldwide clothiers. Link says she is holding shares of PVH which have run-up to $130s but not adding to her position because she is being price disciplined.

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