Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Zale Still Speculative After Share Rebound

Over the last year, Zale (NYSE:ZLC) has traded in a range of $2.30 to $9.44, and is now trading just under that high. Anyone entering in June of 2012 would have made some serious profits if they held till today. Even an entry point in the latter part of February 2013 would have resulted in doubling your investment. Now the question is whether or not Zale's performance is sustainable or it is close to peaking.

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Zale has a total of 1117 stores operating under the Zales & Zales Outlet and Gordon's Jewelers brands in the United States and the Peoples Jewelers and Mappins Jewelers brands in Canada. The company also has a presence in Puerto...

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