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Saturday, November 07, 2009

Barron's says Abercrombie isn't Cheap (ANF)

Comtex

Nov 07, 2009 (SmarTrend(R) News Watch via COMTEX) ----11/7/2009-According to Barron's Weekday Trader column, Johanna Bennett wrote a piece entitled "Abercrombie Shares Are No Bargain." In the piece Bennet argues that "shares of Abercrombie & Fitch (NYSE:ANF) aren't cheap." Bennet says that the company's shares have doubled since the stock market rebounded in early March despite reporting "crumbling sales and profits."

Write to Chip Brian at cbrian@tradethetrend.com

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Copyright, Comtex News Network, Inc. 2009
   
   **********************************************************************
   
   As of Tuesday, 11-03-2009 23:59, the latest Comtex SmarTrend� Alert, 
   an automated pattern recognition system, indicated a DOWNTREND on 
   10-30-2009 for ANF @ $33.47.
   
   For more information on SmarTrend, contact your market data
   provider or go to www.mysmartrend.com
   
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   Copyright � 2004-2009 Comtex News Network, Inc. All rights reserved.

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