Remember
 
+
 
+
 Do You Know the Most Important and Timely Stock Plays During the Trading Week? View Our Power Rankings.
 
anonusers Placed a 'Buy' Sentiment on UNVC3 hours ago
anonusers Placed a 'Sell' Sentiment on UNVCMore than a week ago
anonusers Placed a 'Buy' Sentiment on HOMEMore than a week ago
russurban Followed KIQ4 days ago
russurban Placed a 'Buy' Sentiment on VXRTMore than a week ago
russurban Placed a 'Buy' Sentiment on OTLKMore than a week ago
stockarticles Placed a 'Buy' Sentiment on BBMore than a week ago
stockarticles Followed BBMore than a week ago
stockarticles Placed a 'Buy' Sentiment on SNAPMore than a week ago
 
Most Discussed Stocks through Posts and Reactions on SpeculatingStocks  NFLX  •  OTLK  •  PINS  •  BB  •  TWTR  •  CGC  •  ARCI  •  LULU  •  SNAP  •  IRBT
     
 

October 20, 2009

SpeculatingStocks.com Stock Pick: American Apparel, Inc. (APP)

Stock Price: $3.15


American Apparel, Inc. is a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel based in downtown Los Angeles, California. The company also operates a leading wholesale business that supplies high quality T-shirts and other casual wear to distributors and screen printers.

APP is just starting to heat up after recently trading below $3.00. Insiders were purchasing heavily between the $2.75 - $3.44 back in March when it was around the same level, before APP moved to $6.97.

We believe this is a solid entry level into APP. American Apparel is trading at a market cap of only around $223.75 million.

APP reported revenue of $136.06 million for the quarter ended June 30th, 2009 and net income of $4.46 million. Volume has started to pick up as APP begins to reach higher highs and higher lows.

 
     
Untitled Document