November 30, 2012
The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jeff Fischer and Joe Magyer, discuss the top business and investing stories.
Tiffany's (NYSE: TIF ) shares are down 7% after investors heard that profit fell 30% this quarter. Is this just a rough quarter for this beloved luxury brand, or is it part of a wider trend? The guys take a look at how higher materials costs, soft demand (particularly in China), and a stark comparison with the company's growth this time last year has affected shares, but why it may not be time to consider shorting this or other luxury stocks just yet.
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