10 Best Clothing Stocks To Invest In Now

7. American Eagle Outfitters, Inc. (NYSE:AEO)

Analyst Upside: 21.10%

Number of Hedge Fund Holders: 31

American Eagle Outfitters, Inc. is a global specialty retailer that offers clothing, accessories, and personal care products. Its brand portfolio includes American Eagle and Aerie brands. American Eagle operates as a jeans and apparel brand, while Aerie offers lifestyle items such as apparel, intimates, activewear, and swim collections.

The company operates stores in the US, Canada, Hong Kong, and Mexico, and has license agreements with third parties to operate stores throughout Asia, Latin America, Europe, and the Middle East. American Eagle Outfitters, Inc. also operates Todd Snyder New York, a premium menswear brand.

American Eagle Outfitters, Inc. is continuously executing its strategic plans for the year, powering profitable growth, strengthening its operating capabilities, and driving shareholder value. It holds the ability to track and pivot into emerging trends and categories, positioning itself as one of the top jeans line for its targeted core customer aged 15 to 25. The company’s targeted brand strategies are resulting in a positive growth momentum across all its brands. American Eagle Outfitters is on the path to deliver value for customers in the coming seasons.

The company is offering trend rate collections and new marketing initiatives as part of its brand strategies to continue delivering strong results. Much of its brand growth was attributed to staying disciplined on inventory and chasing into fan favorites profitably, contributing to higher merchandise margins.

It is also continuing its core focus on expense discipline across the organization. In addition, its focus on greater efficiencies is yielding resulting, driving shareholder value. The stock ranks seventh on our list of the best clothing stocks to invest in now.