Some Retail Stocks worth looking
As I said to my WhatsApp group, usually I am not a big fan of retail stocks. However, with the current pandemic some stocks have been beaten down to earth bringing some good long term opportunity. As a matter of fact, I see some values in the following two retail stocks. PVH Corp ( PVH ): This New York based company offers a large number of brands, such as Tommy Hilfiger, Calvin Klein, Van Heusen, IZOD, ARROW, Geoffrey Beene, Warner's, Olga etc. It also sales licensed brands viz. Kenneth Cole, Michael Kors, DKNY, and Chaps. A couple of years ago, I had included this stock in my blog portfolio but sold when company’s fundamentals started deteriorating. and sold it with reasonably god profits. However, now the situation has changed due to COVID-19. Decreasing revenue, profits, diminishing cashflow has changed the scenario. The company has a hefty dividend yield of 17.6% but don't rely on dividends as this is not sustainable. Bed Bath & Beyond ( BBBY ) The company announ...