Tickers in this Article: BWS
Short-Term Trading Example: Brown Shoe Company Brown Shoe Company (BWS) is a small-cap value stock in the Shoes & Related Apparel industry that markets footwear in the United States, Canada and China through their retail stores named Famous Footwear, Naturalizer and Dr. Scholls, to name a few. This popular brand-name shoe company quickly became a top performing stock as it more than tripled the market's return with a 24% gain within three short months.
On June 29, 2012, BWS received a Zacks #1 Rank, distinguishing itself as a stock poised to outperform. Between 6/29/12 when it was trading at $12.91 and 9/21/12 when it closed at $16.11, BWS rewarded investors with a 24.79% gain in just under 3 short months compared to the market's 7.19%. During that time, their 12 Month Forward Earnings Estimates continuously climbed higher from $1.02 to $1.11, producing a spectacular 433% positive EPS surprise, and marking a path for higher prices to follow. In fact, during that entire time, the earnings estimates didn't go down once, making for a worry free return. As you can see, rising earnings estimates and rising prices go hand in hand. And the Zacks Rank makes these stocks easy to find.
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