Brian Sozzi Says Take A Look At Shorting Coach and Wal-Mart (COH, WMT)

Brian Sozzi of Wall Street Strategies was just on CNBC and he said, if you like taking risk, that potentially Coach COH and Wal-Mart WMT are good shorts here. Sozzi said that he likes Coach's growth story, but he believes valuations are stretched at these levels. Regarding Wal-Mart, he doesn't seem the company performing as well as Macy's M, Target TGT and a host of other retail names, and said that that is a negative for the stock. Sozzi is a retail analyst at Wall Street Strategies.
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Posted In: Short IdeasTrading IdeasApparel, Accessories & Luxury GoodsBrian SozziConsumer DiscretionaryConsumer StaplesDepartment StoresGeneral Merchandise StoresHypermarkets & Super CentersWall Street Strategies
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