Standard Parking Corp (NASDAQ:STAN)
The Company is a national provider of parking facility management services. It provides on-site management services at multi-level and surface parking facilities for all major markets of the parking industry.
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top HS finviz
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Paid parking is here to stay unfortuntaly...... Can't go wrong with this one.
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Great stock, just trying to find a bottom.
I hate paying for parking (who doesn't) but you almost always have to anyways. That is why this stock will outperform.
More info on me - http://www.ronchapmanjr.com
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Peter Lynch would be proud
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With the ever expanding construction in this country, this company will only continue to expand. If there is an open tract of land somewhere, chances are some company is going to build on it. If it is a Hospital, Airport, or any other service related building with a parking lot, there is a good chance that this company is going to manage it.
With the cost of parking your vehicle forever rising, this company's assets are only going to rise.
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With the way commercialization keeps on growing with no end in sight...Hospitals and other businesses expanding and building, on any and all open land they can find....... The prices of parking costing anywhere from $5.00 or more for a couple of hours to approximately $10.00 or more per day for each and every parking space! Definetely a buy.
cocaps2win
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need for parking will be there!
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You have to park somewhere.
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We need to park our cars
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Space is at a premium even when you don't think it is - and parking is a nightmare for most metro areas! This company seems to have a good handle on the needs of the parking business and should be able to grow substantially if not radically over the foreseeable future.
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The Company manages approximately 2,000 facilities, containing over one million parking spaces in more than 320 cities across the United States and Canada, including parking-related and shuttle bus operations serving approximately 60 airports.
This seems perfectly boring, not quite a funeral parlor or whatever that example is, but someone very efficently managing and scaling operations of a service this is required more and more on a daily basis.
And the board is bullish, authorizing another $25M in buybacks. Enough for me to bite for caps, real money is going to take a bit more research.
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this company manages commercial parking lots...airports, colleges , hospitals, etc.
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stock repurchase
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Nice and dull, as parking your car should be...
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