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According to Barchart’s Top 100 Stocks to Buy, Abercrombie and Fitch is in the 11th spot. Only Miniso is ahead of it. Up 127% year-to-date and 258% over the past year, there’s an argument to be made that the teen retailer is ready for a significant fall.
Nordstrom announced on Thursday that it was exiting Canada completely as of June. Both share volume and options volume was above average on the day. However, Thursday’s unusual options activity suggests investors are lukewarm about the cost-saving move.