Did V.F. Corporation (VFC) Close Shortened Trading Week Higher?

We recently published a list of 10 Firms Close Shortened Trading Week Higher. In this article, we are going to take a look at where V.F. Corporation (NYSE:VFC) stands against other firms close shortened trading week higher.

Wall Street’s main indices ended the shortened trading week in the red territory on Friday after labor market data came in much hotter than expected, fueling concerns that the Federal Reserve will not cut rates again.

Both the Dow Jones and the Nasdaq Composite dived by 1.63 percent, while the S&P 500 declined by 1.54 percent.

Meanwhile, 10 companies in the mixed sector posted notable gains amid fresh catalysts that perked up buying appetite. In this article, let’s explore the reasons behind their rally.

In Friday’s top advancers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

Is VF Corp. (VFC) Close Shortened Trading Week Higher?

A model walking down the runway wearing a fashionable and performance-based apparel designed by the company.

V.F. Corporation (NYSE:VFC)

Global apparel and footwear firm V.F. Corporation (NYSE:VFC) saw its share prices increase by 5.8 percent on Friday to end at $22.79 apiece as investors loaded up positions ahead of the company’s release of third-quarter fiscal 2025 financial results.

V.F. Corporation (NYSE:VFC) is expected to release its next earnings performance report on January 29.

The company, which designs, manufactures, and markets branded apparel such as The North Face, Timberland, Vans, Dickies, Jansport, and Kipling, among others, has earned a “strong buy” rating from investment research firm Zacks Research.

V.F. Corporation (NYSE:VFC) earlier said it was on track to deliver on its 2027 target of delivering a five-year compounded annual growth rate (CAGR) of mid-to-high single digits over the next five years and earnings per share to grow at a five-year CAGR of high single to a low double-digit percentage.

Overall, VFC ranks 6th on our list of firms close shortened trading week higher. While we acknowledge the potential of VFC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VFC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock

Disclosure: None. This article is originally published at Insider Monkey.