Joe’s Jeans Shines

Joe’s Jeans Inc. (JOEZ) designs, produces and sells apparel and apparel-related products to the retail and premium markets under the Joe’s® brand and related trademarks. Its productline includeswomen’s, men’s, and children’s denim jeans, pants, shirts, sweaters, jackets, and other apparel products under the Joe’s brand. The company also offershandbags, clutches, belts, and small leather goods under a license agreement. It sells its products to variousretailers, including department stores, specialty stores, and distributors, as well as through its retail stores. As of May, 2010, Joe’s Jeans Inc. operated 13 full price retail stores in Chicago, Illinois; and San Francisco, California, Washington D.C, Boston, Cincinnati as well as 4outlet stores in outlet centers.

JOEZ stock is up more than 70% year-to-date thanks to strong revenue and sales. In spite of its premium garments with expensive prices, Joes Jeans has turned a quarterly profit in each of the last four periods — including fourth-quarter profit that topped Wall Street estimates by 400%! That’s earnings growth you can take to the bank, making JOEZ a great penny stock to buy now.

It is a Stock with a lot of growth potential and relatively low priced right now.