Stock Pick by Tait Beddow

VLCM: volcom is still a good buy under 20

Start trading VLCM with real money!

Rate Analysis

23 ratings

Posted 628 days ago on 3/03/08

Market call:VLCM will go UP
Target: $30.00 on 9/03/08
Current: $16.05 (-17.48% from time of market call)
Close: $24.85 (27.76%)
on 5/27/08

volcom has been getting punished since last summer but i still think this is a buy under 20. they just bought electric visual witch is a great addition to the company. im from southern california and you cant walk by a group of people without seeing a couple of them in some volcom trunks and electic shades. ive been reading watching this stock for some time now and have read that its a dying brand... this couldnt be any further from the truth. volcom is here to stay. there year end target has dropped down to 22 but this summer it should still hit at least thirty.

Add a Comment

Comments

Sort: Date Posted | Member

Tait Beddow

Posted 3/4/2008, 10:55 am

i completely agree with you thats why i put my target down to thirty... volcom tends to go up in spring and through summer and should be a good sell in late august... last summer it hit 50 and stayed in the forties for some time... thanks for the comment

Bryant Townsend

Posted 3/3/2008, 11:30 pm

Volcom is a Fad stock. Although the company may still do well, it will never be as explosive as it was unless it reinvents itself as it did with the market when it first became popular.

Displaying 1 - 2 of 2

Subscribe to Stock Analyses Comments feed: