Despite the dismal economy, some investors have been snapping up teen retail stocks, driving their prices higher. But the combination of high fashion and high prices doesn't necessarily earn a company a premium price tag, or a place in a well-managed portfolio. Keep these metrics in mind to separate the bargains from the poseurs.
Formula Capital's James Altucher says that there has never been a better time to pick up high-quality stocks at bargain prices -- as long as you choose the right ones. Altucher recommends three "beaten over the head with a bat" stocks he expects will double in the next one to two years.