Up Next!
Hey everyone! Hope everyone had a great holiday season. Now, down to business. I was researching through stocks that I long ago had owned, and this company called Next Inc., resurfaced. This company develops, markets and distributes imprinted sportswear and promotional products through major college and university licensing agreements. They have had continued growth in this industry by expanding their business model and by aquisitions. I think this company has the right idea with recent reports of a 24% increase in net sales for fiscal year 2005 compared to fiscal year 2004. By cutting cost and increasing productivity in some areas I believe this company is making the right turnaround and could be a major player in the coming year in small, penny stocks. According to the recently appointed CEO Robert Budd, " I am committed to building bottom line profits, which in turn should build shareholder value.", I believe in this company and I think that he and his board of directors will aggressively rebuild this company to where they want it to be. Which in turn should generate a higher revenue stream and higher profits.
Price Target $1.85
Current Price: $0.70

