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Midas, Inc. (MDS) [hlAlert]

Rating:
Strong Buy
MDS
down 30.17 %

Midas, Inc. (MDS) rated Strong Buy with price target $21 by CL King

Posted on: Friday,  Aug 1, 2008  9:25 AM ET by CL King

CL King rated Strong Buy Midas, Inc. (NYSE: MDS) on 08/01/2008. Previously CL King rated Buy Midas, Inc. (NYSE: MDS) on
11/05/2007., when the stock price was $16.47. Since then, Midas, Inc. has lost 30.18% as of 04/30/2015's recent price of $11.50.
If you would have followed the previous CL King's recommendation on MDS, you would have lost 30.17% of your investment in 2733 days.

Midas, Inc. (MDS) provides retail automotive services principally through franchised or licensed shops in the United States, Canada, Europe and other countries. Through March 2008, the Company?s sole franchise concept was Midas auto repair centers (Midas). In April 2008, MDS acquired the SpeeDee Oil Change and Tune-up franchise system and as of January 3, 2009, sold Midas and SpeeDee and Midas-SpeeDee co-branded franchises. The Midas network of franchised and Company-operated shops provides automotive repair and maintenance services in North America with 1,674 shops located in all 50 United States and nine Canadian provinces as of January 3, 2009. The SpeeDee network of franchised and Company-operated shops consists of 116 shops located in 13 United States. In addition, both Midas and SpeeDee license their brands outside of North America. There are 835 Midas shops licensed in 14 other countries, and 57 licensed SpeeDee shops in Mexico.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2008 9:25 AM Buy
None
13.64 21.00
as of 12/24/2008
1 Week down  -5.08 %
1 Month up  19.73 %
3 Months up  7.96 %
1 YTD down  -41.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2007 11:25 AM Buy
None
16.47 23.00

(*) Stock Price at the time of the recommendation.
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