Why Luxury Retail Looks Lavishly Priced

Posted by Lauren Proctor on September 3, 2009

Many investors seem to prefer a more-upscale shopping experience when it comes to stock picking right now: They want luxurious names adorning their portfolios.  Over the last six months, some high-end retailing names have experienced fast, furious moves: Tiffany (TIF) has rocketed up 110%. Nordstrom (JWN) has catapulted 119%. (Yahoo Finance)

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