Still, clothing companies have been struggling before, and find
ways to shift marketing, adopt partnerships and distribution
channels, or whatever it takes to survive. For many, their
sheer size gives them a margin of safety and breathing room to
come up with new strategies. And that is what ANF is attempting
to do. Meanwhile, its stock has languished a bit attracting now
some big buyers betting upon its ability to redirect efforts
back to profitability.
One big gray area affecting all of them is uncertainty about
trade relations with China. Almost all clothing retail managers
are begging Trump not to carry on a trade war with China, as
their bottom line will definitely be hurt.
Our recent article on Abercrombie & Fitch Company (ANF) is in the Archives Section Below.
Note: Zenith tries to pick only stocks which are shortable, but sometimes stocks appear afterward on the SEC Regulation SHO list of stocks which are not shortable, which is beyond our control. On some stocks, Zenith may hold more than the number of shares it trades in its inventory. Thus the "short" sale of such a security would technically not be a "short" sale for us and not subject to SEC rules regarding selling securities which are not deliverable. Also, stocks pop on and off the list available for shorting on successive days, so the presence of a stock on the current SHO list doesn't mean it was there at the time it was shorted.
Stocks recently restricted by SEC Rule 201 as not shortable unless we already have a position which are on our Active List include: IIN (12/01)
There are a large number of clothing and fashion retailers out
there, particularly in the discount department store arena.
Abercrombie & Fitch Co. (ANF) is one of them specializing in
teen and kids fashions, not exactly one of the most promising
booming areas of late. From the giants like Sears and Penney's,
down to the smaller retailers using Amazon.Com, many appear to be
struggling of late with balance sheets and earnings.
Competition from the Internet is a big factor affecting
companies like ANF that have a lot of retail stores.
Zenith's Active List of 39 Stocks as of 02/16/2019
(Updated once a week, usually on Saturday except when less than 5 trading days in the week.)
What are the last three entries in the Active Stocks chart list? These represent typical high-, mid-, and low-cap mutual funds to help us gage the tenor of the stock market as a whole.
02-22-2019: Abercrombie & Fitch Co. (ANF): Teen and Kid Fashions
02-17-2019: Whiting Petroleum Corporation (WLL): Crude Oil Price Recovery
02-11-2019: HMS Holdings, Inc. (HMSY): Healthcare Management Software
02-04-2019: Kemet Corporation (KET): A Leader in Capacitor Development
01-30-2019: Etsy, Inc. (ETSY): Of Benefit To Whom?
01-23-2019: Ameresco Corporation (AMRC): Energy Saving Infrastructure Improvement
01-18-2019: Verso Corporation (VRS): Struggling Paper & Pulp Industry
01-12-2019: Canadian Pacific Railway Ltd. (CP): Iconic and Facing Increased Traffic
01-05-2019: Great Lakes Dredge &I Dock Corporation (GLDD): Dredging Infrastructure Work
12-21-2018: Vericel Corporation (VCEL): Leg Cartilage Injury Medications
12-11-2018: Veeva Systems, Inc. (VEEV): Internet Software or Healthcare Industry Stock?
12-08-2018: Community Bankers Trust (ESXB): Some Information Missing
12-01-2018: Intricon Corporation (IIN): Less Expensive Hearing Devices
11-27-2018: Gentex Corporation (GNTX): Mirrors, Cameras, Remote Control
11-14-2018: Evertec, Inc. (EVTC): Puerto Rican Financial Industry Stock
11-10-2018: Zenith's Monthly Traffic Report for October
11-05-2018: Infosys, Ltd. (INFY): A Large India Information Technology Company
10-31-2018: Comtech Telecommunications, Inc. (CMTL): Commercial and Government
10-27-2018: Masonite International, Inc. (DOOR): Don't Close the Door On It
10-21-2018: Cree, Inc. (CREE): Staving Off Foreign Competition in Lighting and Inverter Products
10-13-2018: Twitter, Inc. (TWTR): Removal of Extremist Accounts Hurts Bottom Line
10-09-2018: Vicor Corporation (VICR): Tech Stock Short Sale Candidate
10-03-2018: Innoviva, Inc. (INVA): Relief for Emphysema Sufferers
09-28-2018: Pyxus International, Inc. (PYX): Hard To Tell What's There
09-23-2018: American Outdoor Brands Corporation (ABOC): Under Pressure from Activists
09-18-2018: eGain Corporation (EGAN): Consistent Losses
09-13-2018: Scientific Games Corporation (SGMS): Competition Thwarts
09-10-2018: Simpson Manufacturing Co., Inc. (SSD): Correlating Housing Starts
09-05-2018: Paycom Software, Inc. (PAYC): Surging on Strong Employment
08-27-2018: Costco Wholesale Corporation (COST): Competing with Wal-Mart
08-22-2018: National Health Trends Corporation (NHTC): 87% of Sales from Hong Kong
08-15-2018: Educational Development Corporation (EDUC): Publisher of Children's Books
08-10-2018: Stanley Black & Decker Inc. (SWK): Huge Acquisitions
08-02-2018: Ingersoll-Rand PLC (IR): Possible False Breakout
07-27-2018: Micron Technology Inc. (MU): Asian Trade War Woes
07-18-2018: Turtle Beach Corporation (HEAR): Pump and Dump?
07-08-2018: Ross Stores, Inc. (ROST): Competitive Clothing Discounter
07-02-2018: Sprouts Farmers Market, Inc. (SFM): Healthy Food Stores
06-26-2018: Cambrex Corporation (CBM): Drug Development & Commercializtion Assistancee
06-21-2018: Penn National Gaming, Inc. (PENN): Recent Big Acquisition
06-13-2018: Walker & Dunlop, Inc. (WD): Multi-Family Community Developer and Financier
Trading in stocks involves risk, and past performance is no guarantee of future profits. Zenith does not sell advice nor does it manage discretionary accounts other than its own. Readers should be aware of the vested interest that all traders / brokers have in encouraging other traders to make the same transactions. No one should follow investment advice blindly. This web site should be used only as a "sounding board" forconfirming one's own opinion. Any suggested order placements should be reviewed and reset to fit current market conditions by individual traders.
Recommendations may include trades which have already been made on the same or a previous day,otherwise the issue is placed on a "watch list." Suggested stock trades are based upon an approximate maximum $30,000 capitalization requirement per trade. Zenith's actual trades may be larger.