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The price may be right to jump on battered retail stocks

Posted by regdunlop 1275 days ago, popular 1274 days ago (http://www.reportonbusiness.com)
Category: Stocks | Tags: retail stocks stocks
With a bleak winter ahead and a deep U.S. recession that could last well into next year or even 2010, this has to be a lousy time to load up on beaten-up retail stocks. Right?
Not if you listen to Murray Belzberg. The president of Toronto-based money manager Perennial Asset Management employs detailed risk analysis methods to determine whether a particular market segment is worth buying at current prices.
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