An Incredible, Undercover Growth Stock: VF Corp

An Incredible, Undercover Growth Stock: VF Corp

6 years ago 0
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One of the biggest advantages of being rational is that you can take advantage of the irrational.

According to the Wall Street Journal, Mr. Market was disappointed that VF Corp’s* (stock ticker: VFC) revenues did not meet analysts’ expectations. Apparently, many investors viewed this news as a crushing blow to the company and its future, sending the shares down 4.4% to $159.46.

Now for a Reality Check.

Clear your head. Forget about “analysts’ expectations” and let’s reason together. Here are the facts:

— VF Corp.’s 3rd quarter earnings rose 27%!

— VFC reported a profit of $381 million, or $3.42 a share, up from $300.7 million, or $2.69 a share last year.

— Revenue at VFC increased 14% to $3.12 billion.

— VFC also announced that they will raise their dividend by 21%!

*(VFC, by the way, is the maker of many popular clothing brands, including North Face, Timberland, Wrangler and JanSport.)

You can decide if the market’s response yesterday was appropriate . . . or ridiculous. I believe this is fantastic pull-back opportunity to buck popular opinion and invest in a fantastic growth company for years to come!

Join me and buy VFC today.


Jeffrey W. Ross, MD is a Motley Fool investment freelancer.

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