Try On Columbia Sportswear
Winter is just around the corner, and with the seasonal change snow probably isn't far behind. To boot, the economy is in the midst of recovery, which suggests that more people might be traveling and enjoying the outdoor adventures. And as a result, it probably makes sense to invest in companies that sell jackets and boots, like Columbia Sportswear (Nasdaq:COLM) right?
Time to Try Columbia On for Size?
The demand for outdoor wear should rebound in time. And by extension, Columbia has the chance to benefit.
The company has beaten estimates in the last four quarters, and companies that beat generally have a good chance to continue the string. Furthermore, companies that consistently beat seem to garner a sizable share of retail and institutional interest. In terms of what's coming up next on the earnings front, according to CNBC, the company is expected to release its third quarter numbers on the 22nd. The current estimate is 99 cents and it should beat that by at least a penny.
It trades near its 52-week,
Thomas Sabo Boot Pendant, and looks as if it has some momentum and could make a new high. If it does indeed make a new high and my hunch is right, it could capture the attention of some journalists and maybe some momentum-oriented investors, if the company is lucky enough.
Try On Columbia Sportswear
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