Saturday, July 28, 2007

Yared knocks it out of the park with Crocs, Kyphon

Georges Yared speaks.

You might want to listen. The Yoda of the bull market rang this week two more stocks he has put on a pedestal for a long time: Crocs and Kyphon.

In his analysis of Crocs' earnings report, Yared points to the Co's marvelous distribution system and stupendous margins. For me, the fact that there are still haters of Crocs' stock and products means that short interest — currently 32% — will still be around to boost the stock to infinity and beyond.

Kyphon, one of Yared's 25 Stocks for the Next 25 Years, is the third from that group to be bought out in the past month. The medical device company will be sold to Medtronic for $71 per share. When Yared selected KYPH on May 14, the stock was at $45. That's a nice gain of 57%.

Yoda has struck again.

No comments: