Vapor Corp., (VPCO) news: Vapor Corp.: A Pure Play On The Smoking E-Cigarette Industry - Seeking Alpha
This is an outstanding article on Vapor Corp. (VPCO) and the E-cigarette industry. I own shares of the company, and I will probably buy more in the future. E-cigarettes are just getting started, and the author states that the industry could grow 40% per year for the next decade. This means that Vapor Corp. will probably be a multi-bagger stock.
VPCO is the 3rd largest seller of E-cigarettes with sales in more than 60,000 retail outlets. Lorrilard (LO) sells more E-cigarettes than Vapor Corp, but it is already a major established tobacco company. It is unlikely that LO will grow more than VPCO. Vapor Corp. also offers a better price per puff value.
The author put a reasonable price target for VPCO at $15.65 in 2015 because company sales should triple in the next two years from $26 million to $75 million dollars. Now is the time to buy Vapor Corp. This is a rare case of actually getting visibility for the future of a multi-bagger stock.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment