Nike And VF Corp Good, Zumiez Bad

by The Editors on December 17, 2008

Citigroup analyst Kate McShane sent out a note to investors today in which she outlined some stocks to watch and some to run from. Her favorites:

Those include sports apparel and footwear maker Nike Inc., apparel maker VF Corp., sporting goods retailer Dicks Sporting Goods Inc. and sports apparel and footwear retailer Foot Locker Inc., all of which McShane rates “Buy.”

But she’s not, however, a fan of Zumiez.

Names to avoid include Liz Claiborne Inc. and Zumiez Inc., McShane recommended, due to what she considers “elevated credit risk and uncertainty of business fundamentals.”

We’re not so sure we agree with your police work there, McShane.

[Link: Money.cnn.com]

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