J.P. Morgan Says Aeropostale "Cheapest Stock In Retail" (ARO)

J.P. Morgan JPM analysts released a research report on Aeropostale ARO this morning. They said that the ARO is the "cheapest stock in retail despite strong fundamentals." According to the analysts, "ARO has consistently demonstrated strong comp performance and upside in operating margins despite difficult multi-year comparisons, yet the stock continues to be the cheapest in our group trading at 9-10x our 2011 EPS estimate." The firm has an Neutral rating and $32 price target on ARO. Year to date, Aeropostale shares have gained 23.3%. Over the last month during the broader market sell off, ARO has actually gained 2.72%. Aeropostale, Inc. is a mall-based specialty retailer of casual apparel and accessories. The Company designs, markets and sells its own brand of merchandise principally targeting 14 to 17 year-old young women and young men.