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LB - L Brands: A Great Turnaround Story
April, 11 2021 08:46 PM
L Brands Inc.
While the top line saw decreasing numbers in fiscal 2020, L Brands could improve its bottom line and report record free cash flow levels. L Brands suspended the dividend as well as the share buybacks, but the improved balance sheet would make dividend payments possible again. The stock is certainly no bargain any more, but might still be fairly valued. While FOMO is ruling right now, I actually might have to pull the trigger more often on stocks that I identified as bargains. For further details see:
L Brands: A Great Turnaround Story
Stock Information
Company Name:
L Brands Inc.
Stock Symbol:
LB
Market:
NYSE
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