Falling Oil Prices- Morgan Stanley (NYSE:MS) Says That Apparel Industry Will Benefit the Most

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Morgan Stanley (NYSE:MS) recently released a list into the market. The list had the names of those stocks, which the company believed will be affected the most due to the falling oil prices. Most of these stocks belonged to the apparel industry, especially the retail companies.

The stocks included Children’s Place Inc (NASDAQ:PLCE), Brown Shoe Company, Inc. (NYSE:BWS), Burlington Stores Inc. (NYSE:BURL) and Ross Stores, Inc. (NASDAQ:ROST).

According to the report of Morgan Stanley (NYSE:MS), most of the households wills see an increase in their purchasing power due to the decline in the prices of oil. The advisory and research firm was of the opinion that since fuel costs make up a huge portion of total expenditures of a household, a reduction in the prices of oil will spare those households enough of a money to spend it elsewhere. The retailer companies in the apparel industry, especially those companies that produce garments for low income households, will definitely see an increase in their revenues.

Among the companies that were on the list, Burlington Stores Inc. (NYSE:BURL) had a total market capitalization of $3.65 billion. The company was ranked second when it came to the size of market cap. The stocks of Burlington Stores Inc. (NYSE:BURL) saw an increase of 24.56 percent in the past 3 months, and chances are that the stocks will rise even further. The stock gain (year to date) came to a total of 61.34 percent.

Ross Stores, Inc. (NASDAQ:ROST) secured the first place in the size of market capitalization. The total cap of this company was recorded to be at $19.46 billion, much higher than the succeeding company. The share prices of Ross Stores have increased by 25.83 percent in the past 3 months, thus bringing the year to date stock gain to a total of 26.07 percent.

Coming to Brown Shoe Company, Inc. (NYSE:BWS), the firm has a total market cap of $1.34 billion. During the past 3 months, the share prices of this particular company rose by 10.98 percent. The company has a P/E (price to earnings) ratio of 18.42 and a dividend yield of 0.92 percent.

As for Children’s Place Inc (NASDAQ:PLCE), the company’s total market cap was recorded to be at $1.22 billion. The stocks of Children’s Place gained 15.96 percent in the last quarter. The increase in stock prices improved the company’s year to date gain by 2.83 percent. Children’s Place, on the last trade day, opened its stocks at a price of $46.78 and closed at the same price.

Coming to the stock prices of Morgan Stanley (NYSE:MS), the company, during the last trading session of December 25, 2014, started its stocks at a price of $39.16 and closed at a reduced price of $38.81, after hitting the highest figures of $39.17. The company has a total market capitalization of $75.97 billion and a P/E (price to earnings) ratio of 15.44. As for dividend yield, the figures currently stand at 1.03 percent.

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