StockCall.com Provides Stock Research on Under Armour Inc., Fifth & Pacific Companies Inc., Gildan Activewear Inc., and Joe's Jeans Inc.
New York City, New York -- (May 03, 2013)
Earlier this week, the Conference Board reported that confidence among U.S. consumers rose more than forecast in April. Consumer confidence is likely to have received further boost on Thursday after the Labor Department reported that initial jobless claims fell to a five-year low last week. Improving consumer confidence augurs well for apparel makers such as Under Armour Inc. (NYSE: UA), Fifth & Pacific Companies Inc. (NYSE: FNP), Gildan Activewear Inc. (NYSE: GIL), and Joe’s Jones Inc. (NASDAQ: JOEZ) as it will boost spending on consumer goods. Shares of all four companies ended higher in yesterday’s trading session, tracking gains in the broad market. StockCall free coverage on UA, FNP, GIL, and JOEZ is available upon registration at
Under Armour Inc. shares rose sharply on Thursday, as the broad market posted strong gains. The stock rose to an intra-day high of $57.25 before finishing the day 1.03% higher at $56.94 on volume of 952,100. Shares of UA have had an excellent run so far in 2013, gaining more than 17.30% as compared to a gain of over 12% for the S&P 500. However, the stock has traded sideways in the last few sessions, struggling to break through $57 resistance level. The company’s shares are currently trading well above their 50-day and 200-day moving averages. Download the free technical research on UA by signing up at
Shares of Fifth & Pacific Companies also edged higher in yesterday’s trading session. The stock closed 0.79% higher at $20.48 on above average volume of 2.98 million after trading between $19.86 and $21.13. Fifth & Pacific Companies’ shares are currently trading close to their 52-week high of $21.78. The stock has outperformed the S&P 500 so far in 2013, gaining 64.50%. Shares of the company, however, have traded in a very tight range over the past one month. The stock’s MACD chart suggests that market sentiment has turned bearish recently. Register now and get access to the free analysis on FNP at
Shares of Gildan Activewear Inc. rose sharply in Thursday’s trading session, tracking gains in the broad market. The stock rose to a 52-week high of $42.21 before paring some of the gains to finish the day 1.01% higher at $41.08 on volume of 571,000. Gildan’s shares have gained nearly 1.80% in the last three sessions. The stock has seen a series of highs over the past week, which is a bullish signal. The positive trend is further confirmed by the stock’s MACD chart. Sign up and read the complimentary report on GIL at
Shares of Joe’s Jeans Inc. edged higher in trading yesterday, reversing some of the losses from earlier in the week. The stock closed 0.58% higher at $1.73 on volume of 216,900 after trading between $1.68 and $1.74. Despite the gains, the stock is down more than 3.30% in the last three sessions. Joe’s Jeans’ shares are still trading above their 50-day and 200-day moving averages. However, the stock’s MACD has slipped below the signal line, which suggests that market sentiment is bearish on the stock. Year-to-date, however, Joe’s Jeans Inc.’s shares have gained 73%. The free report on JOEZ can be downloaded by signing up now at
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
William T. Knight
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)
Leave a comment...