Abercrombie & Fitch Co. Class A
No trades
What traders are saying
Impressive strength in
ANF over the past week, or so. I am using this to take profits on my last (and lowest priced) 1/3 of my position. I definitely hope to buy back on weakness.
This is one that people need to buy - but understand that it's a LOOOONG term investment. Buy some in your IRA and thank yourself in 5 years. ;-)
I did a comparison of the major denim stocks (
ANF,
AEO,
LEVI,
KTB,
GES) and to me it seems that
ANF is the stand-out performer among them. While
KTB has a higher ROE margin, it's only due to higher leverage. What seems to separate
ANF from the rest of the pack is the "Read & React" inventory model, which has led them to the highest asset turnover and highest net margin within the peer group. Surprisingly,
ANF has a fwd P/E ratio of 8.8, compared to 22.6 for the S&P 500.
ANF had a decent Q2 and raised their sales guidance for the full year -- despite tariff concerns. I bought a small position today, even though there's no technical setup I'd usually be interested in.

