Service Sectors Are Still Making It in 2010 JOHANNESBURG, SOUTH AFRICA -- (MARKET WIRE) -- 03/05/10 -- Value for money is on top of every consumer's minds these days. Innovation and technological change in services are increasingly dependent on the service-sector. Saks Incorporated (NASDAQ: SKS) and Coldwater Creek Inc. (NASDAQ: CWTR) are two service sector stocks that are bound to make it to the end of this year despite economical crisis. Mathew Collier of Rothman Research believes that a solid balance sheet and national presence should help those chains that are able to get the merchandising right gain market share. * These reports are available for free to members at http://www.rothmanresearch.com/article/sks/23160/Mar-05-2010.html or http://www.rothmanresearch.com/article/cwtr/23161/Mar-05-2010.html * Saks Incorporated - the company stores offer a range of luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. The company's stores offer a range of luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. Saks has historically underperformed its peers, and while improved merchandising in 2007 led to better sales and profit margins, the deteriorating economy in 2008 stunted the turnaround effort. Additionally, Saks entered 2009 much inventory on hand. But since September, the stock is on an uptrend with robust volumes. It is on a bullish trend which is rising and current levels might be very good entry point. For more information, visit our web site at http://www.rothmanresearch.com/index.php?id=6&name=Register Coldwater Creek Inc. - together with its subsidiaries, operates as a multi-channel specialty retailer of women's apparel, accessories, jewelry, and gift items primarily in the United States. The company operates premium retail stores and merchandise clearance outlet stores. "Amidst deteriorating consumer spending, the performance of the company is taking a hit. Considering the fact that consumer spending is still on the ebb, the revenue visibility for the company remains challenging" says Mathew Collier of Rothman Research. The company is highly volatile as indicated by the beta of 2.78 compared to the beta of 0.78 of industry. Coldwater Creek earned a negative return on the equity over last financial year, but on an average for last 5 years it gave a return of 4.05% against the 7.63% of industry. The company holds a strong balance sheet with hefty cash balances and low debt levels; which would help the company weather the downturn and keep growth financing and liquidity issues at bay. For full research on the service sector stocks register to www.rothmanresearch.com for free and get latest updates on your preferred stocks. Companies looking for additional media or advertising services can call Blue Chip IR at 1-917-267-8836 About Rothman Research Rothman Research brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities.
Service Sectors Are Still Making It in 2010