AMBERCROMBIE 

...is also on my shopping list.

The name is down ~20% along with a slew of other retailers like Macy's.

Except unlike the legacy department store retailers $ANF *increased* its sales targets and continues to grow earnings and buyback its stock.

What happened this morning?

My guess is you had lots of retail investors of Stop Orders.

There was a Monday morning gap down.

Those stop orders were triggered which is why you have a morning cascade.

That looks like short-term technical selling pressure, not institutions with a multi-week VWAP order.

Key Stats:
- Forward PE and P/CF: ~12x
- ROE: 50%
- Analysts expect Q1 '25 EPS to be up 20%
- Buyback yield: 2%
- Last quarter EPS YOY growth was 36%

I don't know of another retailer with those statistics. 

(Let me know if you do.)

ANF is re-investing in itself an expanding internationally as a quality compounder.

And it is positive same store sales growth led in part by the Hollister brand.

ANF is much cheaper than the S&P while showing double-digit earnings growth so it has less risk of getting caught up in the Growth to Value rotation.

I bought $ANF as well.

I expect in 12 months it will be up 20%. 

Let's see.