A Selection to Sleep Well
10/09/2002 12:00 am EST
Kevin Kennedy, editor of The Coolcat Explosive Small Cap Growth Stock Report, continues to be bearish on the market. He says, “I still think the NASDAQ will need to break below 1,000 in the next two-four weeks to set up a decent rally on the long side.” Despite his negative stance, he has found a low-price stock with strong momentum that he feels warrants purchase. Indeed, this bed retailer adds a new meaning to a stock that lets you "sleep well at night".
“Select Comfort (
Select Comfort's products are sold through its 321 retail stores located nationwide, including leased departments in Bed Bath & Beyond stores; through selected bedding retailers; through its national direct marketing operations; and on the Internet. The company announced September 16 that it expects to exceed the high-end of its previously announced third-quarter guidance of $72-$78 million in net sales. The company will report results October 15.”
Interest rates. Real estate. Financial stocks. High-yielding dividend-payers. Those are some of the ...