Price Smart PSMT A Stock Worth Looking At
Pricesmart PSMT
PriceSmart, Inc. owns and operates warehouse clubs in Central America and the Caribbean. Its warehouse clubs sell consumer goods and perishable foods at low prices to individuals and businesses, as well as offers ancillary services, which include food courts, tire centers,and photo centers. As of November 6, 2009, it operated 26 warehouse clubs in 11 countries and one U.S. territory, including 5 in Costa Rica; 4 in Panama; 3 each in Guatemala and Trinidad; 2 each in Dominican Republic, El Salvador, and Honduras; and 1 each in
Aruba,Barbados, Jamaica, Nicaragua, and the United States Virgin Islands. The company was founded in 1994 and is headquartered in San Diego,California.
As you can see, PSMT has broken through the upward wedge it has longed formed and is now poised to continue to move upward. This would be a good stock to move into presently with some research still needed to know when to exit as it moves.
PriceSmart, Inc. owns and operates warehouse clubs in Central America and the Caribbean. Its warehouse clubs sell consumer goods and perishable foods at low prices to individuals and businesses, as well as offers ancillary services, which include food courts, tire centers,and photo centers. As of November 6, 2009, it operated 26 warehouse clubs in 11 countries and one U.S. territory, including 5 in Costa Rica; 4 in Panama; 3 each in Guatemala and Trinidad; 2 each in Dominican Republic, El Salvador, and Honduras; and 1 each in
As you can see, PSMT has broken through the upward wedge it has longed formed and is now poised to continue to move upward. This would be a good stock to move into presently with some research still needed to know when to exit as it moves.
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