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A Truly Religious Investment

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  • Description

    FBN's Charles Payne on investing in True Religion Apparel.

  • Duration 2:31
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-- -- -- -- RA let's make some money now tells me it is here is gonna help us pay for gas -- -- has taken -- shopping and -- yeah girls.

You know it normally -- -- Melissa we share our weekend shopping things that went to the -- well not be done yeah went to the mall in the stores are pretty crowd at some -- really credit Michael courts still number one we talk about that -- I cannot believe it's amazing and everyone in there.

Buy something -- also had a pretty good out.

You know -- -- and while they have a tussle store.

-- to the -- That's -- people who could actually afford and it is looking yet now here's a -- -- really blew my mind True Religion I don't written True Religion law.

My son wanted to appear true -- -- -- -- -- -- it will cost me a little less than a hundred bucks and well over 200 dollars and over 200 dollars but I was really shocked -- how -- the store was how -- that the US and tried -- like 45 pair of -- he never -- -- appeared anything before -- incentive that was.

And I -- we think stated -- -- girls -- something right now don't know what's gone on -- -- that but in the meantime I'm looking -- -- True Religion and remember late yesterday put themselves that.

They sort of considering putting themselves up for so yes.

And I think -- it is current management you know it's one thing to create a company is another thing to run a particularly when he gets a certain size.

But this stock may be oversold here they've got one biomed last year they were nothing but downgrades at least five downgrades on it earlier this year -- was a buy rating up BB NT.

Insiders starred in their blood the stock to guidance is pretty good extraordinarily conservative in my opinion.

And they also -- their dividend they had a dividend -- -- -- -- the first quarter of this year they have to to the fourth quarter of last year showing signs of confidence sign that the that this stock thinking of breaks that a thirty.

-- could have remove at least the third but the potential to 35.

So to -- to my son took me -- He got -- guys that lets it all nearly dead I think from now on the rest CM -- -- nothing over forty bucks worth up and leave us from here on out -- Now our use those to -- -- -- -- up for two.

-- target there's no doubt that they were looking went back today they announced today that -- -- some advisors a stock jumped 25% close at 26 dollars a day -- again I in my gut tells -- these are some guys who feel like you know what it's what -- to be creative person and -- the run a publicly traded company maybe have some frustration but.

The stock looks like it's gonna start taken out whether or not -- sell -- higher will -- Interest.

Six and guess.

Hello my gotten better how did it represents a great starting up the stuff I mean really got -- on that one he had gotten.

That's not like you became in this house paying this back.

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