Obama stock #2: Chico's (CHS)


Obama stock #2: Chico's (CHS)Unlike Talbots, Chico's (NYSE: CHS) is already chic. This retail stock doesn't need a boost from Mrs. Obama, but an endorsement wouldn't hurt either.

Its White House/Black Market stores have seen explosive growth over the past decade and seem to have the type of products that would look good in the real White House.

In the immediate aftermath of the credit crisis, shares of CHS collapsed.

They have since recovered and now trade above levels reached last year but well off the highs of $30 reached before the recession began.

If Mrs. Obama's next great outfit comes from Chico's, look for the stock to receive an immediate boost. $30 would not be out of the question with an Obama seal of approval.

Up next: Obama stock #3.

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Last updated: February 10, 2012: 07:53 AM

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