Splitting the stock might encourage new investors to purchase it, causing the price to increase in the future. Well, sales are up and unemployment is down. Chances are, some of the stocks in your portfolio have probably moved up and down in price since you purchased them. As explained in last month's issue, the Federal Reserve is paranoid about inflation in our economy, making them more likely to increase interest rates. More good news about spending and unemployment is adding to the inflation paranoia.
Spring is in the air and summer is just around the corner.
When you are out shopping for the things you need to enjoy these seasons, use this as an opportunity to look for good stocks to purchase. Income, earnings, and sales are all up for this company, probably because I also use their aerobics shoes. Stride Rite Corp. Their strategy is to grow by acquiring smaller stores instead of building new ones. If this is successful, this stock's price could really fly high.