About to Sell Your Apparel Stocks? Read This First
Investors are likely familiar with the bearish thesis on apparel stocks: E-tailers are killing brick-and-mortar players, malls are being abandoned, and fast-fashion retailers like Zara are crushing the survivors. That's why companies like Aeropostale, American Apparel, Express, and The Limited all filed for bankruptcy protection over the past two years.
However, investors shouldn't rush to sell all their apparel stocks. In fact, there's plenty of evidence suggesting that it's actually the right time to buy certain apparel stocks.
Image source: Getty Images.
Source: Fool.com
Gap Inc. Stock
€19.65
-0.170%
We see a rather positive sentiment for Gap Inc. with 18 Buy predictions and 1 Sell predictions.
With a target price of 23 € there is a slightly positive potential of 17.05% for Gap Inc. compared to the current price of 19.65 €.
