Best Long Term Companies To Own For 2016: Ross Stores Inc.(ROST)
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd?s DISCOUNTS brand names in the United States. Its Ross Dress for Less brand stores sell brand and designer apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store regular prices; and dd?s DISCOUNTS brand stores sell apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20 to 70 percent off moderate department and discount store regular prices. As of January 29, 2011, the company operated 1,055 stores, of which 988 were Ross Dress for Less brand stores in 27 states and Guam, and 67 were dd?s DISCOUNTS brand stores in 6 states. Its Ross Dress for Less brand stores primarily target middle income households and dd?s DISCOUNTS brand stores target moderate income households. Ross Stores, Inc. was found ed in 1957 and is headquartered in Pleasanton, California.
Advisors' Opinion:- [By Caroline Bennett]
Discount retailer Ross Stores (NASDAQ: ROST ) has made a cash contribution of $100,000 to the American Red Cross to assist in the charity's Oklahoma tornado-relief efforts. The Red Cross program helps provide food, shelter, emotional support, and other relief supplies to survivors of the recent storms.
- [By Chuck Carnevale]
Our first example of high growth is Ross Stores Inc. (ROST) that has averaged earnings growth of 17.6%, indicating a fair value PEG ratio PE of 17.6. However, and interestingly, notice that the normal PE ratio sits close to our standard PE ratio of 15. In this case, a PE of 15 might represent a risk adjusted valuation below the higher earnings growth of 17.6%. Nevertheless, buying this stock at a PE of 17 still delivers a strong long-term rate of return.
so! urce from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-long-term-companies-to-own-for-2016.html
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