Today’s watchlist comes after reviewing all the recent news in the global stock market.
And I think I found a Buy It or Burn It stock that looks to be on the verge of making significant moves soon…
Remember, these are just ideas I’m sharing. You should only enter these trades if you’re comfortable managing the positions on your own.
Check out this week’s free bonus trade idea below!
PVH Corp. (NYSE: PVH)
This company — formerly known as the Philips-Van Heusen Corp. — owns Tommy Hilfiger, Calvin Klein, Kenneth Cole and a few other name brands. The stock was down HUGE Thursday on supply chain woes, but supply chains are actually starting to debottleneck pretty well.
I also like this stock because PVH crushed earnings — coming in at $2.67/share and beating street estimates by 30%. It bought back $150 million or so in stock, reinstated their dividend and the company paid off a $100M loan
By the time the stock reports Q4 earnings, every man in America is going to have a few dress shirts under the Christmas tree as winter flu season ends and everyone heads back into the office.