Express Moves to Hold

By Linda McDonough • May 25, 2016

The tightfisted consumer has claimed another victim. Express (NYSE: EXPR) missed first quarter earnings by $.02 and lowered numbers dramatically for the second quarter and the fiscal year. To date the company’s focus on young professionals has enabled it to grow revenue but it was unable to avoid the dramatic evaporation of consumer demand.

Express is now a Hold.

See more details in today’s edition of Growth Stock Strategist.

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About The Author

Linda McDonough

Bio | Archive

Linda McDonough is a veteran hedge fund analyst who loves to break down company financial statements and identify market inefficiencies to uncover big opportunities. She believes in a boots-on-the-ground approach that includes surveying customers, interviewing company executives, or doing whatever it takes to see what others don't.

She's now brought her experience as a hedge fund analyst to subscribers of her Profit Catalyst Alert service. Her system identifies small- and mid-cap stocks that are about to move due to catalytic events that few others can identify...until it's too late. These events often times result in massive gains for her followers.