Wednesday, January 30, 2019

A Small Stock That's Moving 一只正在上升的小型股

Conns Inc(CONN 20.82) is an electronics and furniture retailer and is growing its store network at a blistering pace.

Positives for CONN's stock price :

1.  On February 4, Conn's Inc. (CONN) will replace Electro Scientific Industries Inc. (ESIO) in the S&P SmallCap 600.

2. CONN fell 48% lower over the last six months, including a 40% drop in the last quarter alone and is overdone.

3.  CONN consistently beat Wall Street's earnings expectations.

4. Bargain valuation: Forward PE 6.82, PEG 0.44, Price/Sale 0.39, Price/Book 1.02, all are good value indicators.

5. High short squeeze possibility: short as percentage of float 32.18%, only 12.5M shares float.

6. Bullish Double Bottom chart formation

7. Upside potential to $25.

8. Analysts consensus 1 year price target is 36.

CONN gapped up with above average volume and is generating good upside momentum. It is facing resistance at its 50 day moving average 21.64. Once this level is broken, next resistance is around 25.
Support is now at its recent breakout price 20.7 then 20.






Conns Inc(CONN 20.82)是一家电子和家具零售商,正在以惊人的速度发展其商店网络。

对CONN股票价格有利的因素:

1. 2月4日,康恩公司(CONN)将进入标准普尔SmallCap 600取代Electro Scientific Industries Inc.(ESIO)。

2. CONN在过去六个月下跌了48%,其中包括仅在上个季度下跌40%,下跌过度。

3. CONN一直超越华尔街的盈利预期。

4.股价估值:前瞻PE 6.82,PEG 0.44,价格/销售0.39,价格/账面1.02, 都是有价值的指标。

5.卖空被挤压的可能性高:卖空股对流通股百分比为32.18%,流通股只有12.5M股。

6.看涨双底图形已经造成。

7.上行潜力至25美元。

8.分析师普遍认为1年目标价格为36。

CONN今天以高于平均成交量跳空大升,产生良好的上行动力。它在50日均线21.64面临阻力。一旦这个水平被打破,下一个阻力位在25左右。现在的支撑位是刚突破的20.7然后是20。



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