Earnings-Season Rage Out Session
- I have been on VF Corp (VFC) since the middle of the year, and the silly weak quarter from Wolverine Worldwide emboldens that call. On the watch list: Jones Apparel (JNY)
- Tiffany's (TIF) current price levels worry me. This leaves the stock susceptible to downside into a third-quarter earnings announcement -- and guidance for the holiday season -- that should be less than stellar.
- On July 30, I stood outside in some light rain with my pal Debra Borchardt and trumpeted the virtues of owning Swift Transportation (SWFT) for the long term. If you bought, sell into strength, because I'm not feeling transport comments -- such as those from CSX (CSX) -- pertaining to operating ratios, sales mix and fuel inflation recovery.