Momentum Stocks Watch: V.F. Corporation (VFC)
-- Saturday, March 20, 2021, 16:48 --
Company Profile: |
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through direct-to-consumer operations, including retail stores, concession retail stores, and e-commerce sites, and other digital platforms V.F. Corporation was founded in 1899 and is based in Greenwood Village, Colorado. |
Recent News: |
On March 9, 2021, the company announced that as part of its ongoing commitment to racial equity, its Timberland®, Vans® and The North Face® brands have launched an integrated partnership with PENSOLE Academy™ called DiverCity x DESIGN. |
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Fundamental Analysis: |
Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency. |
Growth – Measures the growth of both the company’s income statement and cash flow. @@@@@ |
Profitability – Measures the historical price movement of the stock. @@@@@ |
Solvency – Measures the solvency of the company based on several ratios. @@@@@ |
Efficiency – Measures the strength and historic growth of a company’s return on invested capital. @@@@@ |
Conclusion: |
VFC’s strengths can be seen in its better profitability and better efficiency compared with its peers. Technical indicators signal the bullish signs, as there is a bullish crossover in MACD and Stochastic oscillator. The RSI stands at 49.19 with positive bias. We rate V.F. Corporation (VFC) a STRONG BUY. |