Weyco Group, Inc. (NASDAQ:WEYS)
The Company and its subsidiaries engage in one line of business, the distribution of men's footwear.
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5 STAR, Small-cap, dividend payer
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Volatile stock that is currently at a low point. Also, as more people get back to work, they will increase shoe purchases.
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This stock turned out using the stock screener while looking for a currently out-of-favor (former 4 or 5-star and close to its 52-week low) but profitable company.
Warrants further investigation...
Disclosure: no position
Recs
Stock that has beat the S&P 500 most of 2008 and insiders own more than 10 percent of the stock.
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This could outperform simply because the company works with men's footwear. And with the warm months ahead, I feel that more men will buy additional footwear and that will globally help this stock rise in the summer months.
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While I believe that Weyco makes a good product, in a very lean sense, they will have a more difficult time over the next year maintaining the same sales that they have demonstrated in the past 2 years.
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Est. Earnings Power of $19M plus ~$4/share in cash & munis; expect to make acqusitions when avaiable with good integration record; aligned mgmt team
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