The company G-III Apparel Group has an important growth potential.

The growth of the group represents a catalyst for further rises in prices. Indeed, expectations for coming years show an increase in revenues and earnings. In addition, analysts revised upwards their forecasts on EPS and Sales over the last 4 months.

From a technical viewpoint, G-III Apparel Group' share remains close to an important support area and a bullish trendline (USD 77.6). The latter brings an additional argument for a bullish rebound in prices, especially since the company keeps sound fundamentals. The fall registered on recent sessions represents a key entry point with a target at USD 83.8.

According to fundamental and technical analysis, timing seems suitable for buying G-III Apparel Group' shares close to its support level at USD 77.65. The bullish target could be set at the USD 83.75 midterm resistance with a stop-loss order under the midterm support.