Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Teen-focused retailer Abercrombie & Fitch
So what: Abercrombie is just one of several retailers benefitting from a strong start to the holiday shopping season. Big-box discounters like Costco
Now what: I'd use this Abercrombie pop as an opportunity to take at least some dough off the table. In recent quarters, Abercrombie's same-store sales declines have been some of the worst in the industry, as consumers have been reluctant to pay up for its premium apparel. I really don't think these results mark a complete reversal of that trend, and with cost-friendly Aeropostale
Interested in more info on Abercrombie? Add it to your watchlist.
Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Costco Wholesale is a Motley Fool Inside Value and Stock Advisor selection. The Fool owns shares of Costco and Aeropostale. Try any of our Foolish newsletter services free for 30 days.
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