Monday, February 09, 2009
Valentines Day Stocks
February 14 is Valentine's Day, so if you haven't done the shopping for your sweetheart, then you better get started. How about a gift of some shares in companies that may participate in sales of Valentines Day related products. Here are some stocks that can benefit from from this popular day, including chocolate, flowers, jewelry, greeting cards, and gift wrap.
Hershey (HSY), founded in 1894, is the largest manufacturer of chocolate in North America and one of the largest chocolate and candy companies in the world. Hershey's Kisses were invented in 1901. Hershey chocolate chips were introduced in 1928. The stock has a P/E of 27, with a favorable yield of 3.2%.
Rocky Mountain Chocolate Factory Inc. (RMCF) is a very low cap stock [and should therefore be considered very speculative], based in Durango, Colorado, which makes and markets caramels, creams, mints, and truffles. The company, which was founded in 1981, has over 300 franchise locations in 40 states, along with Canada and the United Arab Emirates. The P/E is 11, and their yield is 5.2%. This is a very low cap stock and should be considered very speculative.
1-800-Flowers.com Inc. (FLWS), the largest publicly traded flower seller, also sells plants, gourmet foods, cookies, cakes, candies, wine, gift baskets, and other gifts. They recently generated negative earnings. This is a low cap stock and should be considered very speculative.
Tiffany & Co. (TIF), founded in 1837, is one of the top jewelry companies in the world, with over 60 U.S. stores and over 100 international locations. The metric carat as a weight standard for gems was developed by a Tiffany gemologist. The New York City flagship store is home to the 128-carat Fancy Yellow Tiffany Diamond. The stock has a PE of 10, and a yield of 3%.
Blue Nile Inc. (NILE), founded in 1999, is a leading web based retailer of diamonds and fine jewelry, and the largest online retailer of certified diamonds. The stock has a PE of 24.
A couple other jewelry companies are Signet Group plc (SIG), with a PEG of 1, and Zale Corporation (ZLC) which recently generated negative earnings. These are very low cap stocks and should be considered very speculative.
American Greetings Corp. (AM), founded in 1906 and based in Cleveland, Ohio, is the largest publicly-traded greeting card company in the world. The stock has recently generated negative earnings and a yield of 8.5%.
CSS Industries Inc. (CSS) markets gift wrap, gift bags, boxed greeting cards, gift tags, tissue paper, decorations, and decorative ribbons and bows. The stock has a PE of 10, and a yield of 3.6%.
Don't forget to check out diamond and jewelry stocks and chocolate stocks.
Author does not own any of the above.
Posted by Stockerblog at 9:05 PM