Sunday, January 9, 2011

In the Zone

$CPWM - Cost Plus, Inc.

Cost Plus, Inc., together with its subsidiaries, operates as a specialty retailer of casual home furnishings and entertaining products in the United States.

It offers decorating items, including furniture, rugs, pillows, bath linens, lamps, window coverings, frames, and baskets; and furniture products comprising ready-to-assemble living and dining room pieces, handcrafted case goods, occasional pieces, and outdoor furniture made from various materials, such as rattan, hardwood, and wrought iron.

The company also provides tabletop and kitchen items, including glassware, ceramics, textiles, and cooking utensils; gift and decorative accessories, including collectibles, candles, framed art, and holiday and other seasonal items; and jewelry, fashion accessories, and personal care items.

In addition, Cost Plus offers gourmet foods and beverages comprising wine, microbrewed and imported beer, coffee, tea, and bottled water. As of January 30, 2010, it operated 268 stores under the name of World Market, Cost Plus World Market, Cost Plus Imports, and World Market Stores in 30 states. The company was founded in 1946 and is headquartered in Oakland, California.

Cost Plus, Inc. ended the week trading at $10.42 up $0.72 or +7.42% on heavier than average volume of 2.43 million. The average weekly volume for Cost Plus, Inc. is 1.21million. Please keep Cost Plus, Inc. on your on your watch list for a possible price move above the $12.05 - $12.10 area. This is not a buy recommendation please do your own due diligence or get help from a professional before trading.

By: Marlin Rolle
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