Buy to open the January 20, 2017 put on PVH with a strike price of $95 at $2.50 or lower. Symbol (PVH170120P95)PVH, formerly known as Phillips Van Heusen, makes and sells apparel and accessories under the Calvin Klein, Tommy Hilfiger and Heritage brands. While PVH will not report its next quarter until… Read More
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Acuity BrandsAfter missing estimates in the fourth quarter, Acuity Brands (NYSE: AYI) slipped 4% on Oct. 5. Despite impressive 27% growth, earnings per share of $2.21 fell short of estimates by 18 cents. Revenue grew 22% but missed estimates by $21 million. Management blamed a manufacturing transition that cost the… Read More
Demographics and disposable income are driving the industry. Read More
The company has a winning formula for delivering building materials. Read More
Patrick supplies two of the hottest makers in a hot vehicle market. Read More
On Sept. 16 I recommended Buy to open the January 20, 2017 call on Mylan (MYL) with a strike price of $45 at $1.90 or lower. Symbol (MYL170120C45). Since that recommendation Mylan hit more rough waters. However, Mylan bounced 8% on Monday on the heels of a $465 million settlement with the Department… Read More
Camping World (NYSE: CWH) will price its initial public offering (IPO) either Friday (Oct. 7) or early next week. The eagerly-awaited deal gives investors the chance to partake in the growth of towable recreational vehicles. Subscribers are familiar with my enthusiasm for the RV market. Parts suppliers Drew Industries and… Read More
Buy to open the January 20, 2017 put on BIG with a strike price of $42.5 at $1.85 or lower. Symbol (BIG170120P42.5)Big Lots has had an impressive turn-around over the past two years but is running out of room to grow. Food sales, once a bright spot to lure customers in… Read More
Acuity Brands (NYSE: AYI) slipped 4% on Oct. 5 after missing estimates for its fourth quarter. Despite impressive 27% growth, earnings of $2.21 missed estimates by 18 cents. Revenue grew 22% but missed estimates by $21 million. Management blamed a manufacturing transition that cost the company $25 million in sales and… Read More