(MW) Men's Wearhouse, Jos. A. Bank share could see further gains, Barron's says
With slim-fit trends in mens suits and the demand for smart work clothes boosting sales, and strong plans for growth, shares of men's clothiers Men's Wearhouse (MW) and Jos. A. Bank (JOSB) look 'dressed for success', Barron's reports. Additionally, signs of an improving U.S. labor market are fattening
prospects for men's specialty retailers. In the near term, shares of each of these specialty retailers may be a little 'frothy', however, Barron's contends that each should remain on investor watch lists.
(FDX) FedEx's stock could be 'grounded' for now, Barron's contends
FedEx's (FDX) underperformance may continue up to the Sept. 18 release of earnings and into October, when the company is expected to detail a planned restructuring on top of fleet changes already announced, Barron's reports. FedEx stock has historically traded at a 10% premium to the S&P 500. However,
Jefferies analyst Peter Nesvold -- who has a Hold rating and a $103 price target on the stock -- cautions that cyclical stocks look cheap when earnings are near a peak. With no clear catalyst for improvement in the global economy, in demand for goods or in profits, investors may want to consider FedEx stock
?grounded? for now.
(BZH) Barron's(9/10) Raise High The Roof Beam, Carpenters
The U.S. housing market's looming recovery apparently was news on Wall Street even before it hit Main. In the past year Standard & Poor's index of home- building stocks rallied 140%, far more than the broader market, as earnings, orders, and housing starts picked up across the industry.
Among the group, Lennar (ticker: LEN), D.R. Horton (DHI), and Beazer Homes USA (BZH) look best positioned to deliver fat investment gains.
(KR) Kroger's stock could rise more than 30%, Barron's contends
Kroger's (KR) overall business has fared better than some peers amid fierce competition from big-box stores like Target (TGT) and Wal-Mart Stores (WMT). Kroger continues to throw off free cash and has been buying back shares while increasing its dividend. The current yield is 2%. On average, analysts see
Kroger shares headed to about $26, though bulls think the stock could reach
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