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Fast Money’s Best Ideas for Q2
30 Mar 2012 EDT - CNBC.com
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With the quarter drawing to a close on Friday, we asked the gang as well as some Fast friends for the best ideas going into Q2.Here’s what’s on their radar:

GapJanney Capital analyst Adrienne Tennet likes Gap in part because she thinks the retailer is in the sweet spot when it comes to the latest fashion trends.

“Gap is an optimistic brand and when we have color and trends you shouldn’t bet against it,” she says.Trader Patty Edwards agrees. “I’ve been looking at the stores – the fashion is better – I think they’re dangerous for their competition going forward.”Dennis Gartman sees another tailwind. “Cotton acreage has been increased dramatically and that will pull down cotton prices,” he says. “Lower cotton should have a material and positive impact on Gap’s bottom line.”

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PVH Corp (formerly Phillips-Van Heusen)Patty Edwards likes PVH as a play on the success of their brands and the recovering economy.

“They’re experiencing strong growth, especially in their Tommy Bahama and Calvin Klein brands,” she says. “And with employment picking up men will need to buy more dress shirts and ties. PVH Corp is the leader in the space. My price target for this company is $108.”

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