Investment that could wear well
Why I bought the not-so-average Joe's Jeans.
When done right, the premium denim business can be very lucrative. Joe's Jeans is an example of a standout denim company, and that is why I bought their stock. Here are the main reasons I bought JOEZ:
- Well-managed company.
- Growing sales, up 42% in their most recent quarter.
- Recently signed leases to open new stores.
- Focusing on and adding new top-of-the-line designs while outsourcing their manufacturing.
- Low p/e ratio.
- Cash reserves.
To learn more about these Joe’s Jeans, view the video below.
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