Macy's, Nordstrom, Polo Hit Highs

Macy's, Nordstrom and Polo Ralph Lauren hit highs Monday.
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BOSTON (TheStreet) -- U.S. stocks rallied Monday on positive jobs and service industries reports. These consumer discretionary stocks hit 52-week highs.

3. Polo Ralph Lauren

(RL) - Get Report

climbed 1.9% to $88.14, recording a high of $88.38. The shares have climbed 6.8% during the past month.

Quarter

: Fiscal third-quarter profit increased 5.5% to $111 million, or $1.10 a share, as revenue declined 0.7% to $1.2 billion. Polo's operating margin expanded from 13% to 14%. The balance sheet has $1.3 billion of cash and $298 million of debt.

Stock

: Polo has soared 87% during the past year, more than U.S. indices. The stock trades at a price-to-book ratio of 2.8 and a price-to-sales ratio of 1.8, 28% and 13% discounts to industry averages. It's also cheap based on projected earnings.

Consensus

: Of analysts following Polo, seven, or 44%, recommend purchasing its shares, eight advise holding and one suggests selling them.

Credit Suisse

(CS) - Get Report

offers the loftiest target, expecting the stock to advance 37% to $121.

UBS

(UBS) - Get Report

rates Polo "buy."

2. Nordstrom

(JWN) - Get Report

gained 3% to $42.76, achieving a high of $42.88. The shares have jumped 9.6% during the past month.

Quarter

: Fiscal fourth-quarter profit more than doubled to $172 million, or 77 cents, as revenue grew 11%. The operating margin doubled to 12%. Nordstrom has $795 million of cash and $2.6 billion of debt, translating to a debt-to-equity ratio of 1.7.

Stock

: Nordstrom has more than doubled during the past year, beating benchmarks. It sells for a PEG ratio, a measure of value relative to expected growth, of 0.9, 36% less than the industry average. A PEG ratio of less than 1 signifies a bargain.

Consensus

: Of researchers following Nordstrom, 11 rate its stock "buy" and 11 rate it "hold."

KeyBank

(KEY) - Get Report

expects the stock to gain 17% to $50.

Deutsche Bank

(DB) - Get Report

also rates Nordstrom "buy", but offers a less-bullish price target of $48.

1. Macy's

(M) - Get Report

increased 2.2% to $22.84, hitting a high of $22.86. The shares have returned 12% during the past month.

Quarter

: Macy's swung to a fiscal fourth-quarter profit of $466 million, or $1.10, from a loss of $4.8 billion, or $11.33, a year earlier. Revenue declined 1.1%. Macy's has $1.7 billion of cash and $8.7 billion of debt, converting to a debt-to-equity ratio of 1.9.

Stock

: Macy's has more than doubled during the past year, outpacing U.S. indices. The stock sells for a price-to-projected-earnings ratio of 12, a price-to-cash-flow ratio of 5.4 and a price-to-book ratio of 2, 36%, 35% and 23% discounts to industry averages.

Consensus

: Of firms covering Macy's, eight advocate purchasing its shares and 11 counsel holding them.

Citigroup

(C) - Get Report

projects a price of $30, leaving a potential 31% gain.

Thomas Weisel

(TWPG)

is less bullish, predicting the stock will hit $28.

View Stockpickr's Daily 52-Week Highs Portfolio

-- Reported by Jake Lynch in Boston.