Investing

52-Week Low Club II (IUSA, JSDA, KNOT, TRK, WAG, ZLC)

Below is our last list of featured 52-week lows today:

  • InfoUSA (NASDAQ:IUSA)… here’s what happens when your paid model gets Google-ized by free everything. $8.63 close versus $8.79 prior yearly low.
  • Jones Soda (NASDAQ:JSDA)… indigestion took this down 3.3% to $6.60, although it managed in the last hour to get back above the prior $6.51 52-week close.  With a $32.60 high, this will still make most investors burp. We aren’t rushing out to include this in our "10 Stocks Under $10 Newsletter" just because it’s under $10.00 again, mainly on its triple-digit P/E ratio despite a severe sell-off.  Jim Cramer has been out of this name as a backer for quite some time, but he are some old comments from Cramer.
  • The Knot (NASDAQ:KNOT) lower by 3.7% to $13.20, just under the $13.24 prior 52-week lows as American anti-family values are taking hold.  Maybe they could hedge the business with divorce.com.  All joking aside, keep your eyes on this one.  We had this as a possible buyout candidate from our "Small Cap Internet Watch List" but we noted that things had to get worse and stay worse before management would have to capitulate and agree to a buyout.
  • Speedway Motor Sports (NYSE:TRK).. maybe NASCAR and stock car racing isn’t immune from a slower consumer, even if there was a big promotion in NYC this week. Closed $33.75, prior 52-week range was $33.80 to $41.68.  Maybe the U.S. needs more NASCAR moms and more soccer dads.  Paying $1 million to go on a car may be dwindling too, but who knows.
  • Walgreen Co. (NYSE:WAG).. this was surprising with another 1.9% drop to $36.59, under the last year range of $37.06 to $49.10.  Apparently dropping those CVS plans over price might not be the right ticket.  At 18-times earnings we aren’t licking our chops yet.
  • Zale Corp. (NYSE:ZLC)…. jewelry is tough in a slower economy, and you can’t sell your garage to buy that diamond tennis bracelet.  This was down in sympathy with Tiffany.  Zale closed down 2.7% to $17.89, under the 52-week range of $18.18 to $31.57.

Jon C. Ogg
November 30, 2007

 

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