If you keep up with the news, you probably know that retail stocks have been faring better lately as the economy recovers and consumers start spending again. Abercrombie & Fitch (ANF) has benefited from that in a big way and the stock shows it! Abercrombie is known for catering to brand- and fashion-conscious teens and has earned a reputation for pushing the envelope with its racy advertising. But that’s not why the stock is hot right now. The stock is doing well for several reasons. * Management recently announced that the company should earn $4.75 this year (versus $2.05...
