Under Armour Inc (UA), Deckers Outdoor Corp, (DECK), VF Corp (VFC): Corinna Freedman’s Best Retail Ideas

Corinna Freedman, equity research vice president at Wedbush Securities, was on Fox Business to shed some light on retail stocks that investors can positively bet on and those that should be avoided. Some of the stocks that rank as Freedman’s top picks include Under Armour Inc (NYSE:UA), Deckers Outdoor Corp (NYSE:DECK) and VF Corp (NYSE:VFC).

On Wall Street, Freedman is an analyst of repute. She is listed as the No. 1 clothing and accessories analyst on Wall Street Journal’s Best on the Street. Her area of coverage consists of mostly clothing and footwear manufacturers. “Not so much the retailers in my sector,” she said in the interview.

Under Armour Inc (NYSE:UA)

There is no doubt that retailers have been underperforming, and investors should carefully select what to own in the retail sector. Most retailers blamed the harsh winter weather for the poor performance in 1Q, but now the story has to change as the second round of reporting kicks in for the retail sector. Concerning brands, Freedman said that not a big shift has been noticed on the sector she covers. “We are covering the brands, and the brands that were outperforming last year continue to outperform this year,” she said.

In picking the best stocks in her sector, she said they put a lot of emphasis on expanding market share and also categories that are outperforming, especially the athletics. On that note, Freedman expects manufacturers with seasonal components to witness an uptick.

In the interview, Freedman tried to bring out the strengths in Deckers Outdoor Corp (NYSE:DECK) and VF Corp (NYSE:VFC), but mostly dealt with Under Armour Inc (NYSE:UA).

“We love Under Armour for its international growth opportunity,” she said of the $12.4 billion company that deals with footwear and accessories for men, women and youth.

She went on to say that Under Armour Inc (NYSE:UA) is witnessing a lot of traction in the footwear category, which is a fairly new category for the business, since their reentry a couple of year ago.

Freedman believes that athletic for wear is a huge chance for Under Armour Inc (NYSE:UA). As for the stocks to avoid in the clothing and footwear sector, Freedman singled apparel retailers.

“Apparel retailers are going to be under more pressure for back to schools so we will probably avoid that group,” she advised.

 

Disclosure: none

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

The 10 Longest Wars of All Time

The 13 Worst Looking Foods that Taste Great

The 6 Most Gruesome Injuries Suffered During a Sports Match

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!