Here is a cosmetic company that should garner your attention - especially if you are looking for a long term relationship or at least beyond next Monday. Elizabeth Arden (RDEN) has been around for a long time and is the number one cosmetics maker (by my revenue per employee estimation method) in the country. Extremely efficient. Good numbers last out. And here is the chart -
Here are some other numbers that impress me - 66% institutional ownership but no sales in the past quarter or so - in fact it looks like there have been buys only. The insiders are buying at a rate of 2 for every one they are selling. My friends, when the insiders buy you are looking at a good company.
And even though it is approaching its 52-week high there are still a couple of bucks to go.
I'm considering a small flyer on this stock on Tuesday. I'll let you know if I succumb to this pretty face.
Sunday, February 18, 2007
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1 comment:
Everyone needs a hand up now and than.
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