Best Information Technology Stocks For 2016

Best Information Technology Stocks For 2016: Express Inc. (EXPR)

Express, Inc. operates specialty retail stores in the United States. The company?s stores offer apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. It also sells gift cards. As of January 29, 2011, the company operated 591 stores, including 547 dual-gender stores, 25 women?s stores, and 19 men?s stores located primarily in high-traffic shopping malls, lifestyle centers, and street locations in 47 states throughout the United States, the District of Columbia, and Puerto Rico. In addition, it operates seven Express stores in Saudi Arabia, Kuwait, and the United Arab Emirates through its Development Agreement with Alshaya Trading Co.; and sells its products through e-commerce Website, express.com. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. in May 2010. Express, Inc. was founded in 1980 and is headquartered in C olumbus, Ohio.

Advisors' Opinion:

• [By Lisa Levin] Related DMD Prosensa Rises on Encouraging Data - Analyst Blog Biotech Stock Roundup: Biogen Up for S&P100, Geron Plunges on Clinical Hold - Analyst Blog Related EXPR Top 4 NYSE Stocks In The Apparel Stores Industry With The Lowest PEG Ratio Bear of the Day: Express (EXPR) - Bear of the Day Express Logs 4Q Profit Miss, Ugly Guidance (Fox Business)

  Demand Media (NYSE: DMD) shares reached a new 52-week low of $4.23. Demand Media is expected to announce its Q1 results on May 8, 2014.

• [By Dan Moskowitz]

  In most economic environments, it would make sense to invest in an apparelcompany that targets twenty-somethings. This age group often dresses to impress, whether at work, in a social setting, or attending a spec! ial event. One of the top names in this slice of the retail sector isExpress (NYSE: EXPR  ) , which largely owes its success to this key demographic. However, there is one big problem.

• [By Ben Levisohn]

  Shares of Express (EXPR) have been going at fire-sale prices today after the company missed earnings forecasts.

  Agence France-Presse/Getty Images

  Express reported a profit of 57 cents a share, at the bottom end of its forecast and below analyst estimates for 59 cents. It also lowered its full-year guidance to a range of $1.03 to $1.23, below forecasts for $1.58.

  Stifel’s Richard Jaffe and team cut their rating on Express to Hold from Buy. They explain why:

  Previously we believed [Express's] weakness was driven solely by external pressures (severe weather, weak traffic and a promotional environment). However, we now believe part of[Express's] weakness is self-inflicted merchandise misses, which will take time to correct. Given this and our cautious outlook for the company, we are downgrading the shares to Hold…

  Severe weather, weak traffic trends and a highly promotional retail environment have continued into 1Q, likely putting pressure on earnings and share prices for many companies in our sector. Retailers that have not yet reported 4Q earnings and therefore have not yet commented on 1Q trends are at risk, in our view. Given the exceptionally promotional and price competitive environment, we believe that estimates for some companies ([Aeropostale (ARO), Ann (ANN), Gordmans Stores (GMAN) and Tilly's (TLYS)]) do not reflect the pricing pressure likely in 1Q.

  Shares of Express have plunged 13% to $15.96 at 3:51 p.m., while Aeropostale has gained 1.5% to $7.26, Ann has dropped 3.3% to $34.90, Gordmans Stores has risen 0.5% to $6.34 and Tilly’s have fallen 2.5% to $11.35.

• [By Michael Lewis]

  Specialty retailer and shopping mall stapleExpress (NYSE: EXPR  ) delivered a stellar earn! ings repo! rt last week that delighted investors and analysts alike. The beat was impressive, given that many specialty retailers remain challenged by macroeconomic tepidity and unseasonable weather patterns. Yet the real news regarding the company is not so much its recent performance but its upcoming focus. With management's latest comments in mind, let's take a closer look at Express.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-information-technology-stocks-for-2016.html