Chasing Value: American Eagle Will Soar Again

Filed under: Analyst Upgrades and Downgrades, Johnson and Johnson (JNJ), Bargain Stocks, Chasing Value, American Eagle Outfitters (AEO)

Let's go around one more time with American Eagle Outfitters (AEO), the retailer with the pristine balance sheet that designs and manufactures its own clothing line targeted at the 15 to 25 year old age group.



It was one of my successful picks for 2009, rising from $9.13 to a closing price of $16.98, with a 52 week high of $19.86. Today it is trading near its 52 week low of $11.35, opening at $11.61 and trading up at mid-day.



I think this eagle will soar again and surpass it's previous high.

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Chasing Value: American Eagle Will Soar Again originally appeared on BloggingStocks on Wed, 30 Jun 2010 16:40:00 EST. Please see our terms for use of feeds.

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