PLCE - The Children's Place: Q3 Concerns Don't Offset A Still-Attractive Bull Case
I've spent several years on this site predicting downside for seemingly every specialty retailer out there, particularly those with exposure to U.S. shopping malls. Yet, oddly enough, two of my three largest holdings at the moment are mall-exposed retailers: The Children's Place (PLCE) and Gap (GPS).
That said, the case for both stocks is that mall exposure is an increasingly smaller part of the story - and one that is obscuring opportunities elsewhere. For Gap, that's Old Navy, which I still think alone supports the value of the stock and then