This week's trade
President Trump’s shifting trade policies are causing volatility across the globe. One of the hardest-hit sectors is apparel.
This week’s pick—a well-known apparel company—is down significantly over the past few months.
But at current levels, a lot of bad news is already priced into the stock.
It’s why several insiders—including the CEO, COO, and a director—just bought over $2 million worth of shares.
Plus, the company just reported solid earnings and guidance. Yet, the stock fell as investors continue to flee the sector.
When a stock falls on a strong earnings report and no stock-specific news, it’s a recipe for a great trade.
