Results have been stronger than Wall Street's lowered estimates. Retailers' results should be strong.
Credit Suisse has identified companies that should benefit from shifts in the foreign exchange markets.
Expectations are high for Michael Kors, Fossil and Abercrombie, even after recent gains.
Abercrombie & Fitch is upgraded to 'outperform,' and VMware is downgraded to 'buy.'
Digging deeper into the numbers reveals a slightly different picture.
The biggest economy in Latin America and the fifth-largest country in the world is still a mostly untapped market for the retailer.
Goldman initiates retailers, including Michael Kors with a 'conviction buy' and Coach with a 'sell.'
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