- DA Davidson analyst views both Urban Outfitters and Canada Goose as attractive stocks
- John Morris believes fundamentals for both look good and he noted improved pricing architecture at both
- Canada Goose should benefit from cold spring; Urban Outfitters shows momentum in store concepts
DA Davidson today highlighted Urban Outfitters (NASDAQ: URBN) and Canada Goose (TSE: GOOS) as appealing stocks after a widespread market retreat. John Morris said both companies showed ‘improvements in pricing architecture’ and the fundamental prospects of both were solid.
Morris is of the view that with its product range, Canada Goose is likely to benefit from the unusually cold start to spring this year. In the case of Urban Outfitters he said his Davidson Data Mining Dashboard indicated increasing momentum in the company’s store concepts.