Bernard Condon, AP Business Writer, On Friday July 8, 2011, 5:28 pm EDT
NEW YORK (AP) -- As the jobless rate inches up and the economic recovery sputters, investors looking for a few good stocks may want to follow the money -- or rather the TV, the beloved Fender guitar, the baubles from grandma, the wedding ring.
Profits at pawn shop operator Ezcorp Inc. have jumped by an average 46 percent annually for five years. The stock has doubled from a year ago, to about $38. And the Wall Street pros who analyze the company think it will go higher yet. All seven of them are telling investors to buy the Austin, Texas, company.
Full story:
http://finance.yahoo.com/news/How-bad-is-it-Pawn-shops-apf-2995486552.html?x=0&sec=topStories&pos=4&asset=&ccode=
No comments:
Post a Comment
Please leave your feedback.