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Stock Investing > The Peridot Capitalist

Retail Bottomfishers Have Better Options Than Saks

Chad Brand | Fri, 01/02/2009 - 5:16pm | retail stocks, Saks |  1 comment

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Last weekend’s issue of Barron’s highlighted a money manager’s bullish stance on shares of luxury retailer Saks (SKS) . The stock is up more than 10% since then, and now fetches $4.50 per share. The manager in question believes Saks has normalized earnings potential of 50 to
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