Taking a Stake in Coldwater

It's time. I'm ready to fiscally kick-off 2007 with a new position in a company that promises multiple upsides. Last year was kind to me, as I banked a 55% profit off my portfolio of three major holdings. But instead of continually adding to my existing positions, I want to develop a little more "diversity" with a stock like women's retailer Coldwater Creek (CWTR). Given the natural volatility of this stock over past months, I've been waiting prudently for a solid entry point. Now that the stock is approximately 25% off its 52 week high, I relish over the opportunity of buying an undervalued growth stock. While the company has been around for nearly 25 years, I wasn't until recent years that Coldwater reinvigorated it's vision of rapid growth. After supremely establishing its catalog and On-line business, Coldwater is greatly optimistic over the expansion of its retail stores. Over the course of the next year, Coldwater looks to double its retail locations across the U.S. Coldwater's intrinsic value, however, is projected in its total leverage over the female baby boomer generation. Coldwater certainly does a nice job at directly appealing to the 50+ market, through it fashionable apparel as well as its strong customer service. It should also be noted that Coldwater was the first real company to offer clothing in sizes that weren't labeled as 13+, but rather 1x, 2x,3x, etc. Additionally, Coldwater has begun to campaign for 100% energy efficency in all its operating stores. So, clearly Coldwater is a socially responsible company that understands its niche well. Earnings are estimated to grow at 30% this year, while revenues are seen to improve 19%. Like all of my holdings, I am playing this one long-term (3-5 years). CWTR will account for 1/4 of my portfolio. Limit orders only. Long term = multiple bagger.
-AK