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Monday, December 26, 2005

[Buzz] Christmas Shopping

Christmas shopping is one of the biggest event of the year. The pre-Christmas shopping is for people to get the perfect holiday gift for friends or family while post-Christmas shopping is for discount hunter to grab anything before the holiday sale is over.

After visiting the local shopping malls, I found quite a bit of crowd in the following shops.
  • Urban Outfitters Inc. (URBN) : this is an apparel store with style. The store is focusing on the young generation but has differentiated itself from shops of similar age group like GAP and Old Navy with a more slacky style merchandises. The big line up on pre-Christmas shopping day should indicate a plus sign for the store's holiday sale. The stock were off its 52 week high recently. Yet the recent drop in share has made the stock attractive for new coverage.
  • Target Corp. (TGT): went to a local Target store today, the first day of post-Christmas shopping and the place was jam-packed with shoppers. The Minneapolis, MN based discount retailer targeting higher-end family is still upbeat for the December same store sales. Analysts are predicting on average the stock to hit $64 per share, almost $10 appreciation from current trading price.


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