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Enter Symbol:
 
Cross (a.t.) Company (ATX) [hlAlert]

Rating:
Buy ATX
up 616.33 %

Cross (a.t.) Company (ATX) rated Buy with price target $8 by Morgan Joseph

Posted on: Friday,  Oct 29, 2010  9:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Cross (a.t.) Company (NASDAQ: ATX) on 10/29/2010. Previously Morgan Joseph rated Buy Cross (a.t.) Company (NASDAQ: ATX) on
12/12/2008., when the stock price was $3.00. Since then, Cross (a.t.) Company has gained 616.33% as of 01/31/2014's recent price of $21.49.
If you would have followed the previous Morgan Joseph's recommendation on ATX, you would have gained 616.33% of your investment in 1876 days.

A.T. Cross Company is a designer and marketer of branded personal accessories, including writing instruments, watches, reading glasses, personal and business accessories, and sunglasses. The Company operates in two segments: Cross Accessory Division (CAD) and Cross Optical Group (COG). The CAD segment manufactures and markets writing instruments under the Cross brand consisting of ball-point pens, fountain pens, selectip rolling ball pens and mechanical pencils. The Company's COG segment consists of its wholly owned subsidiaries Costa Del Mar Sunglasses, Inc., and Native Eyewear, Inc. The Company is an original equipment manufacturer (OEM) of writing instruments. On March 24, 2008, the Company acquired Native Eyewear, Inc., a designer and marketer of a branded line of sport polarized sunglasses and goggles.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2010 9:25 AM Buy
None
6.93 8.00
as of 12/31/2010
1 Week down  -2.47 %
1 Month up  3.73 %
3 Months up  54.75 %
1 YTD up  80.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2008 8:25 AM Buy
None
3.00 6.00

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