The Stock Market May 4, 2012
Stock Market advisor, Howard Davidowitz, New York was on today's Noon Business Hour on WBBM Radio Chicago. The program is also available on the WBBM.com website. Howard Davidowitz is a regular on the program.
A year or two ago Howard recommended TJMaxx's stock. Today he said "If you listened to me you did very well."
The retail stocks are overpriced, he continued.
Jewelry -terriffic
Health and Beauty Aid stocks - Very Good
Those apparel companies that offer bright colors, tank tops and other summer apparel, if priced right, will do very well such as American Eagle.
The high end retailers such as Louis Vuitton will do well as long as the wealthy do well. The wealthy do well when the stock market does well. 80% of Americans are doing worse than in the last few years.
Note to readers: Helene is a Financial Educator not a licensed stock broker.
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