Dallas Strip Clubs: TFN eNews 07/16/2009: “Booze, bombs, and babes”
… As the recession drags on, more and more investors are working to uncover the profit potential of the market’s vice-style investments: booze, bombs and babes. Gun manufacturer Smith & Wesson (NYSE:SWHC) hit 52-week highs while the rest of the market recorded new lows. Defense contractor Northrop Grumman (NYSE:NOC) is making news as it confirms its ability to milk money even from a decidedly peacenik administration.
“And Rick’s, at the heart of the all-too popular strip club industry, enticed plenty of stodgy consumers to open their wallets to increase quarterly revenues by a whopping 30%. Thanks to strong growth momentum, the company has quickly busted its top line last quarter. Even if it did it one dollar bill at a time.
“Will Rick’s maintain its growth and sustain current share price momentum? For the answer, we have to dig deeper.”
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