Can you believe it's already June? June, which comes from the name Juno, is generally considered the most popular month of the year for getting married. Juno is the Roman goddess of marriage and queen of the gods. Here are some wedding stocks worth looking at. By the way, did you see the unusual wedding ceremony?
Let's start with the engagement, and with every engagement is a ring. Tiffany & Co. (TIF), which trades on the New York Stock Exchange, was founded as a “stationery and fancy goods emporium” in 1837. It is now one of the leading jewelry stores in North America. The stock has a PE of 18.5, a PEG of 1.57, and pays a yield of 2.2%. Did you know that Tiffany comes from the Greek name Theophania, which means manifestation of God.
Signet Group plc (SIG) is a specialty jewelry retailer has stores in the United States and the United Kingdom. The company operates under the names Kay Jewelers, Jared The Galleria Of Jewelry, JB Robinson Jewelers, Marks & Morgan Jewelers, Belden Jewelers, and Weisfield Jewelers. The stock has a PE of 16.
Another jewelry store is Blue Nile Inc. (NILE), which is an online portal for rings, diamonds, and jewelry, and trades on NASDAQ. It is the largest online retailer of certified diamonds in the world. Blue Nile has a PE of 54 and a PEG of 2.29.
Zale Corp. (ZLC), which trades on the NYSE. is the second largest specialty retailer of fine jewelry in North America. Zale offers moderately priced jewelry numerous stores throughout all 50 states. Zale has recently generated negative earnings.
For planning weddings, couples turn to The Knot, Inc. (KNOT), traded on NASDAQ, which has offers media services to the wedding and newlywed markets. The company owns TheKnot.com, WeddingChannel.com, and TheNest.com, The forward price earnings ratio is 75 and the PEG is a 6.66.
A wedding isn’t a wedding without flowers. They are available through FTD Group Inc., which markets flowers and specialty gifts. The company, also known as Florists' Transworld Delivery, was founded in 1910. FTD is owned by United Online (UNTD). United stock has a PE of 9, a favorable PEG of 0.43, and pays a yield of 6.2%.
1-800-Flowers.com Inc. (FLWS) was was one of the first major retailers to establish an Internet presence back in April 1995. The company retails flowers, plants, gift baskets, gourmet foods, and other products. The company has a forward P/E of 14 and a PEG of 5.63.
Another wedding related group of stocks includes the diamond stocks.
Author owns UNTD.
By Stockerblog.com
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