Three Companies That Will...Soar on Holiday Sales [Video]
Dec 9th 2010 5:40PM
Updated Dec 9th 2010 5:55PM
Hilary Kramer, editor of GameChangerStocks.com, has three consumer companies that are set "to do very well this holiday season and see their stocks soar." Sirius XM Radio (SIRI) has shored up its balance sheet, and CEO Mel Karmazin did a great job renegotiating Howard Stern's contract, Kramer says, removing an overhang on the stock. Zales (ZLC), the jewelry retailer, almost went under during the credit crisis but has since turned itself around. The company posted some impressive Black Friday sales figures, Kramer says, proving "the trend is there, the consumer is back." Like Zales, Ruth's Chris Steak House (RUTH) almost didn't make it through the credit crisis during the earlier part of the recession, but Kramer has a very optimistic outlook for the restaurant chain's earnings.