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Jo-ann Stores, Inc. (JAS) [hlAlert]

Rating:
Strong Buy
JAS
up 133.57 %

Jo-ann Stores, Inc. (JAS) rated Strong Buy with price target $32 by CL King

Posted on: Thursday,  Aug 27, 2009  9:25 AM ET by CL King

CL King rated Strong Buy Jo-ann Stores, Inc. (NYSE: JAS) on 08/27/2009. Previously CL King rated Buy Jo-ann Stores, Inc. (NYSE: JAS)
on 07/24/2007., when the stock price was $26.12. Since then, Jo-ann Stores, Inc. has gained 133.58% as of 03/18/2011's recent price of $61.01.
If you would have followed the previous CL King's recommendation on JAS, you would have gained 133.57% of your investment in 1333 days.

Jo-Ann Stores, Inc. (JoAnn Stores) is a specialty retailer of fabrics and crafts, serving customers in their pursuit of apparel and craft sewing, crafting, home decorating and other creative endeavors. The Company's retail stores (operating as Jo-Ann Fabric and Craft stores and Jo-Ann stores) and Website (www.Joann.com) feature a variety of merchandise used in sewing, crafting and home decorating projects, including fabrics, notions, crafts, frames, paper crafting material, artificial floral, home accents, finished seasonal and home decor merchandise. As of January 31, 2009, the Company operated 764 stores in 47 states (554 small-format stores and 210 large-format stores).

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
8/27/2009 9:25 AM Buy
None
27.91 32.00
as of 12/31/2009
1 Week up  72.22 %
1 Month up  80.69 %
3 Months up  124.67 %
1 YTD up  289.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2007 9:25 AM Buy
None
26.12 35.00

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