In turbulent times like this year, it's difficult to get consensus on anything.
Experts are all varied on how long rampant inflation might last, when interest rates might stop rising, how badly the economy will suffer, and where ASX shares are headed.
So when a couple of professionals simultaneously urge investors to buy the same stock, it pays to listen.
And that's exactly what happened this week:
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'Outlook appears bright'
Marcus Today analyst Layton Membrey labelled retail conglomerate Premier Investments Limited (ASX: PMV) as a buy.
"The retail conglomerate delivered a strong fiscal year 2022 result," Membrey told The Bull.
"Headline numbers beat consensus. A sales update was ahead of expectations."
Premier Investments operates familiar retail chains such as Just Jeans, Peter Alexander, Portmans and Smiggle.
The shares have lost about a quarter of their value since the start of the year, but have ramped up more than 13% over the past fortnight.
The dividend yield currently stands at a very handy 3.98%, which pleased Membrey.
"The final fully franked ordinary dividend of 79 cents a share, which includes a special dividend of 25 cents, is most appealing," he said.
"Premier Investments [previously] announced an on-market share buyback for up to $50 million."
Securities Vault director Nathan Lodge agreed that Premier shares were a buy right now.
"The outlook appears bright," he said.
"Total fully franked dividends in fiscal year 2022 were up 56.3% on the prior corresponding period."
Lodge was also a fan of the $50 stock buyback.
Not everyone's convinced though
The wider professional community is somewhat divided on Premier Investments.
According to CMC Markets, seven out of 15 analysts currently rate the stock as a buy. Seven label it a hold, while one expert is urging investors to sell.
The Motley Fool's Tristan Harrison last week named Premier Investments as one of several retailer stocks that he thought had been oversold and "look interesting with a long-term view".
"Prices are now a lot lower, and I believe that a big part of successful investing is buying at a good price," he said.
