John Reese: If Obama wins ... shop with American Eagle

"Obama's tax plan that would give greater relief to the lower and middle classes; one retailing stock  that we believe would benefit from this is American Eagle Outfitters (NYSE: AEO)," says John Reese.

In his Validea newsletter, he assesses the retailing firm based on the investment criteria of Warren Buffett and Peter Lynch.

"Consumers have had to tighten their wallets and purses because of the slowing economy and rising food and fuel prices. Breaks for average Americans would be welcome news for retailers, which have sputtered amid the downturn. 

"In the event of a retail surge, this teen-focused Pittsburgh-based clothing chain should be at the head of the line.

"American Eagle gets approval from two of my Guru Strategies -- computer models that are each based on the published approach of a different Wall Street great.

"What's more, the two strategies that like the