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SECOND LOOK
By JEANHEE KIM

(MONEY Magazine) – Back in January, this column recommended three retail stocks: Liz Claiborne ($34.25), The Gap ($55.25) and Sears Roebuck ($48.75). Now all have nearly met or surpassed the target prices they were supposed to hit in 12 to 18 months. Ditto for Manor Care ($39.25), a chain of nursing homes that was the Stock of the Month last August. So what should you do?

The analysts who recommended the stocks to us think all four still have room to grow over the next 12 months. Jennifer Black Groves of Black & Co. has raised her target price for Liz Claiborne to $40. Janet Kloppenburg of Robertson Stephens reckons The Gap will reach $65. Montgomery Securities Tom Tashjian raised Sears to $57. Prudential's Thomas McGinnis has a new goal of $46 for Manor Care. If the stocks blow through these targets as quickly as they did the first ones, they will be up 38% to 59% since we recommended them. If you get cold feet and bail out now, you'll have to settle for a mere 19% to 35%.

--Jeanhee Kim