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American Eagle Outfitters (NYSE: AEO) continued to soar on Monday June 4, 2018, climbing 4.39 percent on the day and 85 percent over the last eight months. On August 25, 2017 Fr. Emmanuel spoke live to the crew of Benzinga TV about Lemelson Capital Management's previous investment in the company:
...We picked up shares in American Eagle Outfitters... and frankly the one we're most excited about is Hibbett Sports... we just have been loading up and we'll keep buying in the interest of full disclosure... they're [AEO] going to evolve, their going to be a leader in the jeans business... Guess and Express are not as strong..."
In the roughly eight months that followed, the stocks mentioned in the interview performed as follows:
|HIbbett Sports (NASDAQ: HIBB)||116.3%|
|American Eagle Outfitters (NYSE: AEO)||85%|
|Express (NYSE: EXPR)||42.38%|
|Guess (NYSE: GES)||33.97|
|S&P 1000 Index||17.77|
Fig. 1: American Eagle Outfitters stock price performanceAugust 25, 2017 - June 4, 2018
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