Ok now what: Fashion is usually a tricky investmen

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What to do now: Fashion is actually a troublesome investment, and predicting the tastes of young ladies, UGG's target demographic, looks like a fool's errand. Arguably, the once highflying stock is usually a steal now in a P/E of 9, having said that i see UGG's as ultimately a fleeting trend rather then something to stake your retirement savings on. The stock could easily move higher from this point, but I'm too cautious to experience this one.
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