The short term investing stock picks blog

BUY: Movado Group, Inc (MOV) $29.43 (2/9/07)

Sell price: $30.90 or
Sell date: March 12, 2007
Stop loss: $28.11 (-4.5%)

7-day directional indicator bullish
20-50 day MACD oscillator bullish
EMA Very bullish
Stoch analysis very bullish

Profile: Movado Group, Inc. is a manufacturer, distributor and retailer of watches and jewelry. Its portfolio of brands is comprised of Movado, Ebel, Concord, ESQ SWISS (ESQ), Coach(R) Watches, HUGO BOSS Watches, Juicy Couture Watches and Tommy Hilfiger Watches. The Company also designs, develops and markets Movado-branded jewelry, tabletop and accessory products, which it retails in its luxury Movado Boutiques. On March 21, 2005, the Company entered into a worldwide license agreement with HUGO BOSS to design, produce and market a collection of watches under the BOSS and HUGO brand names. The Company conducts its business primarily in two operating segments: Wholesale and Retail. The Company’s wholesale segment includes the design, development, marketing and distribution of watches, in addition to revenue generated from after-sales service activities and shipping. The Retail segment includes the Company’s Movado Boutiques and its outlet stores.

This entry was posted on Friday, February 9th, 2007 at 3:40 pm and is filed under Uncategorized. You can subscribe via RSS 2.0 feed to this post's comments. Both comments and pings are currently closed.