Wednesday, March 28, 2012

Chart of the Day - VF Corp (VFC)

The "Chart of the Day" is VF Corp (VFC), which showed up on Monday's Barchart "All Time High" list. VF Corp on Monday rallied to a new all-time high of $151.82 and closed up 2.96%. TrendSpotter has been Long since Feb 8 at $139.63. VF Corp management on March 8 said that the company should exceed its 10% revenue growth target in 2012 and that the company expects its e-commerce business to triple in size from 2010 by 2015. VF Corp, with a market cap of $16 billion, sells branded jeanswear, intimate apparel, children's playwear, occupational apparel, knitwear and other apparel. Brands include Lee, Wrangler, Riders, Rustler, Vanity Fair, Vassarette, Bestform, Lily of France, Lee Sport, Healthtex, JanSport, Eastpak, Red Kap and The North Face.

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