RH (RH) Is A Show Me Story In The Near-Term

<p>RH (RH) stock price is down over 50% year-to-date. "We remain constructive on the market share opportunity as RH should penetrate the true luxury furniture market. RH has the ability to achieve high 20% EBIT margins, generate meaningful annual cashflow, and repurchase the stock. RH (RH) is a show me story in the near-term," says Cowen's Max Rakhlenko.</p>