Brian Sozzi Says Buy High & Low End Retailers (TRLG, M, ANF)

Brian Sozzi of Wall Street Strategies was interviewed by Yahoo Finance's breakout, and he is saying to buy the low and higher end retail names, as he believes they will fare the best. In the interview, Sozzi mentioned names like True Religion TRLG, Macy's M and Abercrombie & Fitch ANF as names you should consider. On True Religion, Sozzi says it has, "Good valuation, they are known for premium denim, they will continue to get that higher-income customer in the store because their product is so much quality." He doesn't understand why Macy's is so undervalued here, and he is positive on Abercrombie, despite being cautious on the teen sector in general.
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Posted In: Long IdeasTrading IdeasApparel RetailApparel, Accessories & Luxury GoodsBrian SozziConsumer DiscretionaryDepartment StoresWall Street Strategies
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