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Sport Chalet, Inc. (SPCHA) [hlAlert]

Rating:
Strong Buy
SPCHA
down 45.66 %

Sport Chalet, Inc. (SPCHA) upgraded to Strong Buy with price target $7 by Needham

Posted on: Monday,  Mar 1, 2010  8:25 AM ET by Needham

Needham rated Strong Buy Sport Chalet, Inc. (NASDAQ: SPCHA) on 03/01/2010, when the stock price was $2.19.
Since then, Sport Chalet, Inc. has lost 45.66% as of 08/19/2014's recent price of $1.19.
If you would have followed this Needham's recommendation on SPCHA, you would have lost 45.66% of your investment in 1632 days.

Sport Chalet, Inc. (Sport Chalet) operates full-service, specialty sporting goods stores in California, Nevada, Arizona and Utah. As of March 29, 2009, the Company operated 55 stores. As of March 29, 2009, Sport Chalet had 33 locations in Southern California, eight in Northern California, two in Central California, three in Nevada, eight in Arizona and one in Utah. These stores average approximately 41,000 square feet in size. In addition, it has a retail e-commerce store at www.sportchalet.com. The Company?s prototype store is 42,000 square feet in size. Its stores feature a number of specialty sports and lifestyle categories. The stores include traditional sporting goods merchandise (footwear, apparel and other general athletic products) and core specialty merchandise such as snowboarding, skateboarding, mountaineering and self-contained underwater breathing apparatus (SCUBA).

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2010 8:25 AM Buy
None
2.19 7.00
as of 12/31/2010
1 Week up  6.25 %
1 Month up  56.44 %
3 Months up  29.44 %
1 YTD up  16.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2008 9:25 AM Hold
None
4.60

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