This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Apparel Stocks That Could Pop in 2012

Iconix Brand Group

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Iconix Brand Group (ICON - Get Report) is a small-cap apparel stock that's seen its shares slide more than 14% so far in 2011. When short-sellers smell blood in the water, they tend to pounce -- and pounce they have, ratcheting Iconix's short ratio up to 11.1.

Despite that shorting, there's reason to pay attention to the other side of this trade right now.

While it's outwardly been a difficult environment for clothing manufacturers, some firms have been faring better than others. Iconix, for instance, has increased its revenue during each year of the recession, increasing sales by 108% between 2006 and the end of fiscal 2010. This year, the firm is on track to deliver double-digit growth once again.

>>5 Earnings Stocks Poised to Pop

Iconix is primarily a licensing firm, eschewing manufacturing and sticking to the higher-margin side of the apparel business. Clothing brands in the firm's portfolio include well known names such as Candie's, Mossimo, Joe Boxer, and Badgley Mischka.

Iconix has slowly been chipping away at its debt load over the last few years, while building up a more comfortable cash position at the same time. That's provided the firm with an overall liquidity boost that investors should be appreciating right now.

The firm's fourth-quarter earnings call in early 2012 could be a strong catalyst for a squeeze in share prices.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Submit an article to us!
SYM TRADE IT LAST %CHG
BKE $45.02 0.00%
CAB $53.30 0.00%
COLM $56.65 0.00%
ICON $27.11 0.00%
VRA $14.27 0.00%

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs