Investopedia: Should Investors Pay Full Price For PVH?

Despite a steady drumbeat of doom and gloom (it's an election year after all), investors haven't needed much coaxing to buy up retail and apparel stocks this year. PVH (NYSE:PVH) has a lot going for it, including two well-known brands that seem capable of defying gravity in Europe, but the stock's performance has already more than doubled that of the S&P 500 over the trailing year. While the company does seem to have operating momentum on its side, valuation already presumes a lot of things go right for this company.

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