J. Crew (NYSE:JCG) is not a new company by any stretch of the imagination. I'll admit that I'm 36 years old and have a hand-knit cotton indigo sweater from J. Crew that I love to wear today as much as I did when I bought it in high school. That's right, I'm cheap and the sweater is timeless.

Whether or not you're into J. Crew fashions, you have to admit that it's one hot stock. Since it came public this year, the stock has almost doubled, and the only reason it's not a double today is because it's declined a bit from its highs.

But is the stock too hot? It's got competition coming at it from all directions. Abercrombie & Fitch (NYSE:ANF) and American Eagle (NASDAQ:AEOS) have strongholds with the younger crowd, Land's End (owned by Sears Holdings (NASDAQ:SHLD)) and Eddie Bauer (NASDAQ:EBHI) have similar business plans, and Ann Taylor (NYSE:ANN) and Talbots (NYSE:TLB) are fighting for their share of women's closets.

And by the way, aren't American consumers supposed to be tapped out?

That's why we're here, and that's why Jeremy McNealy and Michael Leibert decided to square off and duke it out to the bitter end. You see, these Fools have different opinions about the company as an investment today, and they can't wait to share their thoughts with you.

You play an important part in this Duel as well. That's because it's your vote that will decide the winner, seeing as how The Motley Fool's Human Resources and Legal departments apparently frown on the notion of pistols at dawn.

So without further ado, and a promise that no one will be harmed in the process, let's Duel!

  • Read the Bull argument here.
  • Read the Bear argument here.
  • Read the Bull rebuttal here.
  • Read the Bear rebuttal here.
  • Cast your votes here.
  • Bring your opinions to CAPS here.

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Retail editor and Inside Value team member David Meier is ranked 298 out of 16,821 players in Motley Fool CAPS, and he does not own shares in any of the companies mentioned. You can view his TMF profile here. The Fool takes its disclosure policy very seriously.