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Warnaco Group Inc (The) (WRC) [hlAlert]

up 51.74 %

Warnaco Group Inc (The) (WRC) rated Buy with price target $58 by Sterne Agee

Posted on: Tuesday,  Apr 13, 2010  8:25 AM ET by Sterne Agee

Sterne Agee rated Buy Warnaco Group Inc (NYSE: WRC) on 04/13/2010, when the stock price was $48.45.
Since then, Warnaco Group Inc has gained 51.74% as of 02/13/2013's recent price of $73.52.
If you would have followed this Sterne Agee's recommendation on WRC, you would have gained 51.74% of your investment in 1037 days.

The Warnaco Group, Inc. (Warnaco) designs, sources, markets, licenses and distributes a broad line of intimate apparel, sportswear and swimwear worldwide. The Company?s products are sold under several brand names, including, Calvin Klein, Speedo, Chaps, Warner?s and Olga. The Company?s products are distributed domestically and internationally to wholesale customers through various distribution channels, including department stores, independent retailers, chain stores, membership clubs, specialty and other stores, mass merchandisers and the Internet. As of January 3, 2009, the Company operated 902 Calvin Klein retail stores worldwide. On January 28, 2008, the Company acquired the Collection License Company. Its subsidiaries include CKJEA business and it disposed off its Swimwear Group?s private label and designer swimwear businesses, Nautica, Michael Kors and private label swimwear businesses.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/13/2010 8:25 AM Buy
48.45 58.00
as of 12/31/2010
1 Week down  -8.94 %
1 Month down  -5.51 %
3 Months down  -0.48 %
1 YTD up  5.01 %

(*) Stock Price at the time of the recommendation.
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