Stocks To Buy Ahead Of Black Friday (JWN, TIF, COH, NKE, M)

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Retail names have been red hot over the last couple of months and there may be more gains left in this rally. A number of popular names are hitting new 52-week highs on Wednesday ahead of Black Friday. Still others, such as Nordstrom
JWN
and Macy's
M
are trading just below new highs. JWN is currently 2.21% higher at $43.84. The 52-week high in the shares is at $46.22. Macy's (
M
) has gained 1.65% to $25.87. The stock's 52-week high is at $26.14. Tiffany
TIF
, Coach
COH
and Nike
NKE
are all hitting all-time highs. TIF is up 5.10% to $61.24. COH has surged 4.07% to $56.79 and NKE shares have gained 1.72% to $86.73. If the current retail trends persist, all of these names should push even higher as we move into 2011.
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Posted In: Long IdeasIntraday UpdateMoversTrading IdeasApparel, Accessories & Luxury GoodsConsumer DiscretionaryDepartment StoresFootwearSpecialty Stores
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