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Tuesday, August 02, 2005

Stock Pick: American Eagle (AEOS)

I recently initiated a position is American Eagle Outfitters (AEOS). I know that I'm very late to the retail game. I still think the stock is attractive on a PE basis. The forward PE is between 14-17 depending on where you look. AEOS is growing earnings between 15-30%. I think it is attractive especially with back to school shopping starting to pick up.

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