If you recall, when it reported its most recent quarterly results, Volcom may have increased sales and earnings by more than 40%, but the company's guidance spooked investors and its stock plunged. In the last month, it's down more than 40%.
Saturday, November 24, 2007
Black Friday Bargain Stock: Volcom
Like many high-growth stocks, Volcom (Nasdaq: VLCM) has been volatile, wiping out at any hint of slowing growth. Its latest face-plant gives investors an opportunity to buy shares of a great company at a bargain price.
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