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FalconStocks.com Announces LJ International, Inc. (JADE) as Weekly Stock Pick FalconStocks.com is a stock profiling service for the investing public. Currently, their site is free and has great success in all picks to-date. For 2004, 100% of FalconStocks.coms picks gained in value. The average gain was over 138%, in an average of three months. (PRWEB) February 22, 2005 -- Today, FalconStocks.com announced their weekly stock recommendation. FalconStocks.com has profiled LJ International, Inc. (JADE -- NASDAQ) as its weekly best recommendation.
LJ International, Inc. is a vertically integrated company that designs, brands, markets and distributes a complete range of fine jewelry. While the Company, specializes in the semi-precious jewelry segment, it also offers high-end pieces set in yellow gold, white gold, platinum or sterling silver and adorned with semi-precious stones, diamonds, pearls and precious stones. LJ distributes mainly to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe. The Company's product lines incorporate major categories sought by retailers, including earrings, necklaces, pendants, rings and bracelets. LJ's primary marketing focus has been in North America, where it has sold directly to certain high-volume customers that need specialized product development services, and through a marketing relationship with International Jewelry Connection, for those customers that need higher levels of service and training.
LJ International, Inc. closed at $3.24 on Friday, February 18, 2005 and FalconStocks.com has recommended a short-term price target of $5.25 - $6.25. For the nine months ended 9/30/04, LJ International's revenues rose 32% to $52.4 million. Net income rose 61% to $2 million. Results reflect the acceptance of new products and an increase in orders from returning customers, and improved operating margins.
As stated on their research report, With increasing sales and impressive net income as well as another growing earnings report coming soon, we believe JADE is an excellent opportunity. JADE is undervalued and has plenty of room to grow."
To see the research report for JADE or any of their past picks, visit their website at http://falconstocks.com
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