Oct. 31, 2011 /PRNewswire/ -- Tiffany & Co. (NYSE: TIF:
$79) has been picked by S&P Capital IQ as its Focus Stock of the Week. TIF carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"Economic growth remains tepid, but with the return of the luxury shopper in the U.S. and many overseas markets, Tiffany & Co. reported 20% growth in worldwide same-store sales on a constant-currency basis in the first half of fiscal year 2012," said
Jason Asaeda, Retail Equity Analyst at S&P Capital IQ. "We also believe the company is benefiting from increased consumer demand for brands with established reputations for quality, style and value."
To view a video of Mr. Asaeda discussing TIF paste the following link into your browser.
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