Is Abercrombie & Fitch Still A Buy After Its 19% July Surge?

1. ANF stock rose 19% in July due to positive retail momentum. 2. JPMorgan upgraded its rating to 'Overweight', raising price target to $151. 3. Q1 earnings exceeded expectations with $1.1 billion in net sales. 4. Company forecasts 3-6% sales growth, indicating strong future potential. 5. Despite growth, ANF's profitability lags behind the broader market.