It’s stock price just reached my limit order for Chico’s FAS (CHS) at close of market. I now own 1000 shares at $1.75/share.
I’ve been following CHS, and the apparel sector, for a few years. As a matter of fact, it’s been almost one year since my first post about CHS and about six months [...]
CHS
Chico’s FAS
Revisiting the Apparel Sector
At the end of last year I discussed my opinions on the stock of certain companies within the apparel sector. These companies were:
Stein Mart (SMRT)(6m Chart)(SEC filings)
Christopher and Banks (CBK)(6m Chart)(SEC filings)
Chico’s FAS (CHS)(6m Chart)(SEC filings)
Cato Corporation (CTR)(6m Chart)(SEC filings)
According to my last discussion on these stocks:
I don’t see any near-term changes for improving [...]
Apparel Stores in Decline
It looks like some specialty stocks in the apparel sector have fallen out of favor, most-likely because of economic changes. I’ve just put four of them on my watch list.
Stein Mart (SMRT) is actually trading near 5-yr lows and it looks like there’s a good reason for the new lows. Profits have been steadily and [...]
