Is true religion's stock price following the fundamentals
True religion jeans are very michael kors tristan satchels expensive.Also, they happen to be the best jeans i have ever owned.I love the style and the fit.No matter what socioeconomic level an individual may be, it is hard to justify paying $250 to $300 for a pair of denim jeans.Yet, 10 years later, california based true religion(Trlg)Continues to generate strong free cash flow.We started buying true religion at $21 per share for our clients and the stock has been in the mid 30s several times shortly after earnings, but there seems to be a ceiling on this stock relative to the fundamentals.Before we can outline why there seems to be a threshold on the stock, let's examine what the company has going for it.
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