When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
TIF - Forget Tiffany & Co. Signet Is the Jeweler to Watch in 2020
Tiffany & Co.
Shares of Tiffany & Co.(NYSE: TIF) soared in late 2019 after the American jeweler agreed to LVMH's (OTC: LVMUY) takeover bid of $16.2 billion. But with Tiffany's stock now trading near LVMH's offer of $135 per share, there's no real reason for investors to start fresh positions.
Instead, investors seeking a promising jewelry play should take a closer look at Tiffany's smaller industry peer Signet Jewelers(NYSE: SIG), which recently popped after reporting surprisingly robust holiday sales and fourth-quarter guidance.