Collins Asks Chico's and Jeeves

05/16/2003 12:00 am EST

Focus:

Jim Collins

Chairman and CEO, Insight Capital Research & Management, Inc.

Jim Collins is the editor of both Listed Insight , which covers NYSE-listed issues and OTC Insight , which covers NASDAQ-listed issues. The advisor has spent four decades analyzing the stock market, with some 25 of these years spent developing quantitative techniques, which in turn has led to one of the advisory community's most successful long-term records. Here are his latest stock recommendations.

"Chico's FAS (CHS NYSE), a specialty retailer of private label clothing, is the latest pick in Listed Insight. "The brand, which began operations in 1983, focuses on women who are 35 years old and up with moderate and higher income levels. The styling is relaxed and figure-flattering. Its Pazo brand, which was just launched in March 2003, opened ten test stores and intends to open new stores in upscale malls. The Pazo line is more diverse, including intimate apparel and active wear.  The Pazo brand intends to be more fashion-forward with a European feel. The company operates 401 stores in 41 states. For the quarter ended January, Chico's reported earnings of $0.17 a share, a 42% increase over the prior year. Revenues increased 36% to $138 million. The stock hit a high in December at $23. After a dip down to $17 in early March, the stock has rallied to new highs above $24. The company receives an 'A' for accumulation and distribution and has a relative strength rating of 90."

The latest pick from OTC Insight is Ask Jeeves (ASKJ NASDAQ), a leading provider of natural language advanced search technologies for consumers on the Internet.  The firm employs about 350 people.  Its Web properties administer Web search results as Ask.com.  The company generates revenues by syndicating search results and ad products to third party Web sites.  Its second source of revenue is achieved by offering advertisers a variety of targeted and effective tools for promoting their products to the company's broad user base.  For the quarter ended in March, the firm reported earnings of $0.07, $0.29 better than the loss from last year.  Revenues increased 57%.  After dipping below $6, the stock has rallied above $9.  Technically, the stock has a relative strength rating of 99."

Related Articles on