'Racing Champions Corporation is a producer and marketer of collectibles and toys sold in multiple channels of distribution and available at more than 20,000 retail outlets' (excerpt from RACN's Yahoo 'profile' page).
News items in the past 2 days seem sufficiently important to justify a thread for RACN. Yesterday the company announced it will beat 4th quarter estimates and today Jefferies & Co upgraded the stock from accumulate to buy. Chart looks good, PE is reasonable (~18) for a growing company, etc.
A microcap with actual earnings. Shocking!
This one may be just plain fun to follow as well.
Home page - racingchamps.com |