Pursuits
Ralph Lauren Rally a Gift for Bulls Eyeing Seasonality
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Ralph Lauren Corp. shares are rising as investors anticipate earnings will accelerate in 2015.
The New York-based retailer has climbed 23 percent since May 12, while the SPDR Standard & Poor’s 500 Exchange-Traded Fund has gained 8.4 percent -- see chart. The stock-price ratio is increasing from the lowest level since September 2010 as Ralph Lauren shares closed at $181.28 yesterday and the SPDR S&P 500 ETF was at $205.76.