Looking For a Halloween Stock? Check Out CSS Industries (CSS)

It's October! That means Halloween is just around the corner, and Benzinga is looking for ways for investors to profit. Check out an interesting company called CSS Industries, Inc. CSS. CSS is a consumer products company primarily engaged in the design and manufacturing of seasonal and all occasion social expression products, principally to mass market retailers. Such goods include gift wrap, gift bags, gift boxes, gift card holders, decorative tissue paper, decorations, decorative ribbons and bows, floral accessories, Halloween masks, costumes, make-up and novelties, and much more. Clearly, this company is a direct beneficiary of holiday consumer purchases. While CSS had a down year in 2009, it still holds ample cash reserves and little debt in relation to total assets. Additionally, the last six months of the year are historically more profitable for CSS. The stock has recently appreciated after hitting a double bottom, and could make a run higher. The stock is well below the $52-week high of $21.93. Shares are down slightly this afternoon, to $17.28. Make sure to check out CSS soon, because the stock could move higher as the shopping season accelerates.
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Posted In: Long IdeasIntraday UpdateTrading IdeasHalloween
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