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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Stocks Insiders Love Right Now

Children's Place Retail Stores

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

Get Adobe Flash player

Another name in the specialty retail complex that insiders are jumping into here is Children's Place Retail Stores (PLCE), which provides apparel, accessories and shoes for children from newborn to 10 years old. Insiders are buying this stock into some modest weakness here since shares are off by 12% on the year.

Children's Place Retail Stores has a market cap of $1.13 billion and an enterprise value of $886.45 million. This stock trades at a reasonable valuation, with a trailing price-to-earnings of 16.34 and a forward price-to-earnings of 12.32. Its estimated growth rate for this year is 11%, and for next year it's pegged at 16.7%. This is a cash-rich company, since the total cash position on its balance sheet is $204.83 million and its total debt is zero.

A director just bought 15,000 shares, or about $668,500 worth of stock, at $44.57 per share.

>>Buy Ken Fisher's 5 Favorite Stocks

From a technical perspective, PLCE is currently trading above its 50-day moving average and below its 200-day moving average, which is neutral trendwise. Shares of PLCE have found buying interest during the past month and change at around $44 to $43 a share. On Tuesday, this stock soared back above its 50-day moving average of $45.85 a share, and it's now trading with range of taking out its 200-day moving average of $48.97 a share.

If you're in the bull camp on PLCE, then I would look for long-biased trades once this stock breaks out above its 200-day at $48.97, and then above some near-term overhead resistance at $49.76 a share with high volume. Look for volume on that move that registers or above its three-month average action of 562,917 shares. If we get that action soon, then PLCE has a great chance of re-testing and possibly taking out its April high of $53.60 a share.

On the flipside, I would avoid PLCE or look for short-biased trades if it fails to trigger that move and then drops back below its 50-day at $45.85 a share with heavy volume. A high-volume move below its 50-day will setup PLCE to possibly take out those key near-term support zones at $44 to $43 a share.

3 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs