LJ International, Inc. (NASDAQ:JADE)
A vertically integrated company that designs, brands, markets and distributes a complete range of fine jewelry. Specializes in semi-precious jewelry.
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LJ is meeting goals and increasing profits. Good pick at least until 2008 Olympics in China. Should reach $15.00 / share.
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Jewerlry will never go out of style, alot of upside potential
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this one is doubling in the next 2 years
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small cap with a lot of promise
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Cawabonga!!!!
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It's in a rapidly growing area and caters to an emerging middle-upper middle income demographic. Its chain of enzo retail outlets have been very successful and new store openings will be in advance of the 08 games.
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With plans to more than double the number of retail outlets in China by the 2008 Olympics, and with continued strong wholesale business, JADE will be jumping!
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.. some say that the chinese market may be overheating. Speculative play.
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This market has huge growth potentials and this company is the one who will capture the most profits from this industry. Not only does its financial statements look amazing, it also has huge growth potential.
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Looking at this in the worst possible way: as long as there are people, there will be greed. As long as there is greed, there will be jewelry. So, it's a relatively safe stock.
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Jade is a super growth story with a respectable balance sheet. What excites me the most is thier new ENZO division. These are outlines within China and they currntly have around 42 locations and thier same store sales are beating thier own expectations. Of couse they also export to the U.S. to a wide section of vendors, both upscale and lower end. I like a company that can make money in its own country and not have to totally rely on its export business.
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Good pick because JADE sells products throughout the US and Asia and isn't as controlled by oil as some other procucts are.
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Sets goals and meets them...100 stores in place for 2008 Olympics...
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