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Beaten-Down Stocks Are Surging Stocks
10 Aug 2012 EDT - CNBC.com
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From: Nicole Urken Sent: Tuesday, August 07, 2012 10:56 AM To: James Cramer Subject: FOSL Really amazing price action after the quarter up over 30%. Remember in May, stock was cut in half after missing estimates. And expectations were very low after the COH earnings. The fact that FOSL beat, even though they issued downside guidance (largely baked in) has made investors cheer. This good for KORS too and suggests accessories potential bottoming.

From: James Cramer Sent: Tuesday, August 07, 2012 11:48 AM To: Nicole Urken Subject: RE: FOSL Again-beaten up enough to rally. TUMI and FOSL. CMG is like that too. As we continue to comb through the many companies that reported this past quarter, we see that many of the names that surged the most were the most beaten down running into the quarter.

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