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What: Shares of women's apparel specialist bebe stores
So what: Consumer spending has been front and center in many investors' minds and has them concerned as much about fellow fashion retailers Pacific Sunwear
Now what: The economy is going to have to get further along in its recovery and consumers are going to need to repair their balance sheets before we can really expect a comeback for companies like bebe. However, bebe isn't in any immediate danger since the company has a hefty cash balance and no debt. It'll likely continue to be a bumpy road for bebe, but for investors willing to wait, the shares look like they could be on the cheap side right now.
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Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy assures you no Wookiees were harmed in the making of this article.