Hot Net Payout Yield Stocks To Watch For 2016: Ascena Retail Group Inc.(ASNA)
Ascena Retail Group, Inc. operates as a specialty retailer of apparel for women and tween girls in the United States, Puerto Rico, and Canada. The company operates its stores under the dressbarn, maurices, and Justice brand names. Its dressbarn and maurices stores offer casual and career fashion apparel and accessories; and Justice stores provide apparel, accessories, footwear, and intimates, as well as lifestyle products, such as bedroom furnishings and electronics primarily for tween girls. As of March 01, 2012, Ascena Retail Group operated approximately 2,500 stores. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Suffern, New York.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Tim Boyle/Bloomberg/Getty ImagesJanus Capital stock surge when the firm hired investing guru Bill Gross. In any given week, some stocks are sure to shoot up, and others will plummet. The big gainers inspire us to keep investing. The presence of the decliners keeps our greed in check while reminding us about the risks of the equity markets. Let's go over some of last week's best and worst performers. Janus Capital Group (JNS) -- Up 41 percent last week One of last week's biggest gainers was Janus, soaring on Friday after mutual fund manager Bill Gross announced that he would be leaving Pimco to join Janus. It's a big deal for Gross, who managed to grow Pimco's Total Return Fund to $222 billion in assets under management over the past 43 years. Landing Gross would be a great catch for any fund family, but it's particularly sweet for Janus since its strength in the past has been its stock funds. The arrival of Gross should find a lot of fixed income investors flocking to Janus. G! reen Dot (GDOT) -- Up 16 percent last week Prepaid debit card leader Green Dot got the green light from investors after teaming up with Walmart (WMT) for the retailer's new GoBank low-cost mobile checking platform. Teaming up with Green Dot's prepaid mastery gives it a way to start serving less-affluent customers without taking on gobs of risk. At the end of the day, the market likes Green Dot's potential as the world's largest retailer puts some marketing muscle behind the initiative. ReWalk Robotics (RWLK) -- Up 12 percent last week Giving the disabled hope has made ReWalk Robotics a winner since it went public a couple of weeks ago. It provides a robotic exoskeleton for folks with spinal cord injuries, allowing them to stand up and walk through powered hip and knee controls. It's not cheap, as you can probably imagine. The exoskeleton can reportedly run as high as $85,000. However, ReWalk got a boost last week after a major German insurance company became the first insurer to
- [By Garrett Cook]
Shares of Ascena Retail Group (NASDAQ: ASNA) were down 17.66 percent to $13.61 after the company reported downbeat fourth-quarter earnings and issued a weak outlook.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-net-payout-yield-stocks-to-watch-for-2016.html
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