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Short These Luxury Retail Names: Lamensdorf

Monday, 26 Nov 2012 | 1:27 PM ET

Inventory problems look to drag down share prices for a couple of high-end retailers, Brad Lamensdorf of the Ranger Equity Bear ETF said Monday on CNBC.

On "Fast Money," he revealed short positions on Tiffany, Coach and Fossil .

"We feel like all of them have inventory problems," he said. "All of them are going to have margin compression over the next several quarters."

Short These Luxury Retail Names: Lamensdorf
Inventory problems look to drag down share prices for a couple of high-end retailers, Brad Lamensdorf of the Ranger Equity Bear ETF says.

Lamensdorf called out Fossil for some challenges ahead.

(Read More: Let Dust Settle Before Buying Retailers: Pro)

"They got slammed down to about $78 on the quarter," he noted. "They've bounced back to about $86. You've got a CFO out this spring, and the founder left in 2010."

Green Mountain Coffee appeared to have another step lower ahead, Lamensdorf said, comparing it to a tech name on his shorted list.

"A good CEO helps, but in a name like Hewlett-Packard, Meg Whitman can't help a dying situation, and I think this is a similar situation," he said.

Other short positions include Goodyear Tire, Baker Hughes and Chipotle .

Trader disclosure: On Nov. 26, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Stephanie Link is long GE and AAPL; Joe Terranova is long VRTS, TJX, AAPL, SWN, VZ AND XOM; Josh Brown is long AAPL, WFC, GDX, GLD, XLU, TLT, XLF, WMT, TGT, GOOG, HD, LOW; Brad Lamensdorf: Ranger Equity Bear is short GT, COH, GMCR, TIF, BHI; Citigroup makes a market in shares of AAPL.

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