Retailer's Stock ‘Too Cheap’: Najarian

Wednesday, 27 Feb 2013 | 1:05 PM ET
This Retail Stock's 'Too Cheap': Pete Najarian
Shares of one retailer are still inexpensive, OptionMonster's Pete Najarian says.

Retailers' stocks still hold some opportunity, OptionMonster co-founder Pete Najarian said Wednesday.

On "Fast Money," Najarian sounded positive on Ross Stores.

"They beat on these last earnings on every single metric you want to pull up," he said.

Comparing the company's cautiousness to Apple's, Najarian called the modest activity in the company's stock "an opportunity."

"I think this name's too cheap," he said.

(Read More: Talk of Coach Sale Spurs Rally)

Jon Najarian, OptionMonster co-founder said that he expected better results from TJX.

"I am still a believer in the TJ Maxx concept, but it has not performed as it should," he added.

(Read More: Time to Buy Macy's Stock?)

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