Best Stock to Buy this Week: Insiders are buying!
Today's Financial News - Posted March 12, 2009
This company looks like it’s pulled a “Get-out-of-recession-free” card… opening more stores, raking in more money, even upping its profit guidance. No wonder insiders are buying. But should you?
by J. Christoph Amberger
Baltimore—TFN: This morning, at market open, TFN’s Laura Cadden released a time-sensitive “strong buy” recommendation for a multi-billion dollar industry leader to members of our premium service Hot Stock Confidential. Unlike most of its competitors, this company actually opened more stores than it closed last year. Currently, it operates more than 3,000 outlets, about 20% of which are company-owned.
In late February, they announced that although Q4 2008 sales were down by 2%, net income increased by 60%—and they upped profit guidance!
And something seems to be afoot within the company’s upper echelons: “Insiders are buying right now—so should you,” recommends Laura… for gains of 20% in the next 6 months. Follow this link for more information…
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