The Weekly Buzzing Stocks by Billy Kawasaki PVH Corp PVH-N TOP PICK Jun 01, 2023

This manages a portfolio of brands and they are good at it. However, if you look at the earnings revisions that pretty much tells you all you need to know. This is just not working for people right now.

A past pick from summer 2020 when we started turning the corner on the pandemic The parent of Calvin Klein and Hilfiger was struggling until Pfizer's vaccine news last November, then it leapt 20% in one day. It got another boost when it reported a good quarter in early December. Digital sales are up 70% YOY. With department stores opening in the future, PVH has room to run. Trades at a cheap 12x PE.

She didn't love the business because it's more wholesale than direct to consumer, but that is starting to rise among their overall revenues. She was impressed by the gross margin. Since Macy's is their biggest customer that PVH stock didn't trade up on the heels of Macy's good earnings. Pass, because it's jumped too fast, but the company gave excellent execution with the report.

They report Monday. An apparel company that include Calvin Klein among its brands. We've become so used to disappointments from retail that we will glaze over if they deliver bad numbers. Estimates have been consistently cut for PVH, so there's little hope of a beat.