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Conn's, Inc. (CONN): Shares advance through trading channel

Conn's, Inc. (NASDAQ: CONN) is a specialty retailer of home appliances and consumer electronics. Offerings include refrigerators, freezers, washers, dryers, dishwashers, digital cameras, DVD players, video game equipment, televisions and home theater products. The company also carries home office equipment, lawn and garden equipment, mattresses, and furniture. Conn's operates through a website and about 70 stores in Texas, Oklahoma, and Louisiana. Best Buy (NYSE: BBY) and Wal-Mart (NYSE: WMT) are competitors.

The firm pleased investors last week, when it reported solid Q1 results and issued in-line guidance for FY09 earnings. The news kept CONN shares cycling through a positive 11-week trading channel.

Continue reading Conn's, Inc. (CONN): Shares advance through trading channel

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DJIA+132.7910,450.95
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Last updated: November 24, 2009: 05:23 AM

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