Should you buy Restoration Hardware?
Shares of the home goods retailer were down Friday despite a solid earnings announcement.
Motley Fool One Analyst Jason Moser thinks the decline is a reaction to the change of leadership with the departure of co-CEO Carlos Alberini, who has helped the company’s share price increase 77% this year. Jason also thinks that the company can thank the rebound in housing for its great year, as people have been able to save more money on loans and use it to upgrade their homes.
But does all of that mean Jason is buying Restoration Hardware today?
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Shares fell 9 percent during the quarter, which offers a compelling entry price now.
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