Stocks to Weather Summertime Blues

Q: Over into retailing -- what are your thoughts on Bed, Bath & Beyond (BBBY ), Chico's FAS (CHS ), and Staples (SPLS )?

A: Your lucky number is 4, because that is the number of STARS we have assigned currently to all three companies. Actually, the BBBY shares were downgraded to 4-STARS from 5-STARS on June 23, because of the recent runup in stock prices. Our 12-month discounted-cash-flow-based target price remains $49. Our 12-month target price for Chico's is $38, while our 12-month target price for Staples is $25.

The Aging of Abercrombie & Fitch
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