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Amerian Greetings Corp (AM) all set to show further strength

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Amerian Greetings Corp AM all set to show further strength

American Greetings Corp. (NYSE: AM) saw a significant jump in volumes in Thursday and Friday on the back of strong Q2 results when AM reported earnings of $23.1 million or 59 cents per share, up from $2.4 million or 5 cents per share for the same period last year. Though AM lost a nominal ground on Friday after touching 52 weeks high on Thursday, Am is poised to find a positive upgrade from some ressearch house, or banker. At $18.98, AM stock may gain further continue its gaining momentum.

 

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