It is time to shop for your Valentine; Valentine's Day will be here before you know it, as it is Friday, February 14. So what stocks will benefit from this day of love? Companies that make
chocolate, jewelry, flowers, greeting cards, and gift wrap.
If you don't have time to drive out and pick up some flowers, you can order some from 1-800-Flowers.com Inc. (FLWS). The comany
is the largest publicly traded vendor of flowers, plus sells cookies, cakes, candy, wines, gift baskets, and other
gifts for your valentine. The stock trades at 24 times trailing earnings and 15.9 times forward earnings. Earnings for the
latest quarter were up 12.6% on a revenue rise of 5.3%.
The leading gift for valentines is considered by many to be chocolate. The Rocky Mountain Chocolate Factory Inc. (RMCF), based
in Durango, Colorado creates and sells various types of chocolate candy including caramels, creams,
mints, and truffles. The company was founded in 1981, has more than 300 franchise
locations most states, and a few foreign countries. The trailing
price to earnings ratio is 24, and the forward P/E is 16. Rocky Mountain pays a very generous dividend yield of 3.9%.
What valentine doesn't like jewelry. Tiffany
(TIF), founded in 1837, is one of the top jewelry companies in the
world, with more than 60 U.S. stores and numerous international locations. Something like a Tiffany Sapphire Diamond Platinum Necklace would make a nice gift. The stock trades at 24.2 times trailing earnings, and 20.4 times forward earnings. This stock also pays a dividend, with a yield of 1.6%.
CSS
Industries Inc. (CSS) markets gift wrap, gift bags, boxed greeting
cards, gift tags, tissue paper, decorations, and decorative ribbons and
bows. The stock trades at 14 times trailing earnings, and pays a decent yield of 2.3%.
For more stocks that could increase sales from the Valentine experience, such as candy and chocolate stocks, check out the free lists at WallStreetNewsNetwork.com. The lists can be downloaded, sorted, and updated.
Disclosure: Author did not own any of the above at the time the article was written.
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