Thursday, 23 May 2013 07:55 AM
StockCall.com Provides Stock Research on Quiksilver Inc., Hanesbrands Inc., PVH Corp., American Apparel Inc., and Ralph Lauren Corp.
New York City, New York -- (May 23, 2013)
U.S. retail sales rose unexpectedly in April, according to data released by the Commerce Department earlier this month. The retail sales data highlights the fact that an improvement in the U.S. labor market has boosted consumer confidence. With the recovery in the labor market expected to continue, consumer spending is likely to remain robust. This should benefit apparel clothing companies such as Quiksilver Inc. (NYSE: ZQK), Hanesbrands Inc. (NYSE: HBI), PVH Corp. (NYSE: PVH), American Apparel Inc. (AMEX: APP), and Ralph Lauren Corp. (NYSE: RL). On Wednesday, May 22, 2013, shares in apparel clothing companies ended mostly lower, tracking losses in the broad market, which tumbled after the release of minutes of Federal Reserve’s most recent FOMC. StockCall has taken an interest in these companies and you can now sign up to download the free technical research on ZQK, HBI, PVH, APP, and RL at
www.stockcall.com/registration
Shares in Quiksilver Inc. slipped yesterday, May 22, 2013, after hitting a 52-week high of $8.08. The stock closed 0.76% lower at $7.82. A total of 1.55 million shares were traded, which is below the daily average volume of 1.88 million. So far this year, the company’s stock has gained 84%, outperforming the S&P 500. The stock is trading above its 50- and 200-day moving averages. Sign up today to read the free research report on ZQK at
www.StockCall.com/ZQK052313.pdf
PVH Corp. was one of the worst performers in the apparel sector yesterday, falling 2.10% to finish the day at $116.98. A total of 425,011 shares were traded which is well below the daily average volume of 810,472. The company’s shares have been facing resistance at around $120. The stock is currently trading above its 50- and 200-day moving averages. The stock has gained more than 5.40% so far in 2013, underperforming the S&P 500. Register to download the free technical analysis on HBI at
www.StockCall.com/HBI052313.pdf
Shares in American Apparel Inc. finished slightly higher on Wednesday, rising 0.51% to close at $1.98. A total of 350,926 shares were traded between $1.97 and $2.02. However, despite the gains, the company’s shares are down 1% this week. Thus far in 2013, the stock has grown more than 96%, outperforming the S&P 500. However, it is still trading 17.50% below its 52-week high. Shares of the company are currently trading slightly above their 50-day moving average. Free report on PVH can be accessed by registering at
www.StockCall.com/PVH052313.pdf
Shares in American Apparel Inc. finished slightly higher on Wednesday, rising 0.51% to close at $1.98. A total of 350,926 shares were traded between $1.97 and $2.02. However, despite the gains, the company’s shares are down 1% this week. Thus far in 2013, the stock has grown more than 96%, outperforming the S&P 500. However, it is still trading 17.50% below its 52-week high. Shares of the company are currently trading slightly above their 50-day moving average.Register withStockCall and download the research on APP for free at
www.StockCall.com/APP052313.pdf
Ralph Lauren Corp.’s stock touched a 52-week high of $192.03 yesterday. However, the company’s shares failed to hold onto their gains, closing 0.79% lower at $188.06. A total of 1.12 million shares were traded which is more than double the daily average volume of 522,548. So far in 2013, the stock has gained more than 25.70%, outperforming the S&P 500. Read the full free research on RL by signing up to StockCall at
www.StockCall.com/RL052313.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
Contact Person:
William T. Knight
Email: [email protected]
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)