VF Corp. (NYSE: VFC) — This global apparel company designs and manufactures, or sources from independent contractors, a variety of apparel and footwear for all ages. Its Vans and North Face brands are viewed as growth drivers, along with its new store growth in Asia.

According to Standard & Poor’s, the company is transforming the denim and daypack area with lifestyle apparel brands. S&P’s 12-month target was recently increased to $110, and it gives the stock a “five-star strong buy” rating.

Technically, after consolidating for over a year between $70 and $90, the stock broke a quadruple-top with an impressive breakaway gap. And this week, it added to its momentum by breaking from a small consolidation, giving it a new trading target of $120 within three to six weeks.

VFC’s annual dividend yield is 2.6%.

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