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VF Corp. (VFC): Dressed for success

"Our confidence in this market is growing... albeit slowly; the fundamental blocks are already in place for a market bottom, and the technical blocks seem to be following," says Jim Stack, well known for having accurately forecast the market. housing and economic downturn.

In InvesTech Market Analyst, he suggests, "We are now stepping up our allocation. The newest addition to our Model Portfolio is VF Corp. (NYSE: VFC)."

"VF Corporation is the world's largest publicly held apparel manufacturer and distributor. It owns an incredibly diverse line of brands; including such well known names as Wrangler, Lee, North Face, Vans, and Nautica.

Continue reading VF Corp. (VFC): Dressed for success

VF Corp. on the prowl for acquisitions

While most retailers are trading at a tiny fraction of their previous highs, struggling to cut costs and stay in business, VF Corp. (NYSE: VFC) is actually expanding.

The Wall Street Journal
reports (subscription required) that the company hopes to ad 70 new stores this year as part of an effort to reduce its dependence on department stores which offer low margins and uncertainty.

Continue reading VF Corp. on the prowl for acquisitions

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 28, 2009: 12:35 AM

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