How Risky Is L Brands?
L Brands (NYSE: LB), owner of Victoria's Secret, has seen its stock gain 39% so far this year on speculation that the company will sell the embattled lingerie brand. The stock's volatility soared late last month and is still on the rise. Usually, the higher the volatility, the riskier the stock.
But some see opportunity to play a recovery story, since L Brands stock is down about 75% from its peak in 2015, and revenue at its bath products business, Bath & Body Works, has been growing.
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Source Fool.com
