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Is Zale a Jewel for Next Year?

 

It looks like diamonds could be an investor's best friend next year.

Friday's Stories
2001: The Return of Graham and Dodd
Funds to Dump in 2001
Is Zale a Jewel for Next Year?
Mister Softee's Melting
Just One Word: Staples
Click here to see 2001: New Year, New Rules stories from earlier this week.

The real beauty of a diamond is not in how it looks -- the beauty lies in its high inelasticity of consumer demand. Huh? That means people tend to buy diamonds no matter what the rest of the economy is doing. And even if they skimp a little on how much they spend, that works just fine for Zale(ZLC Quote). ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,389.73 1,103.07 2,187.25 34.48
Oil *
76.51
UP
0.83
DOWN
2.91
DOWN
7.10
DOWN
0.35
10 Yr
3.45%
SPDR Gold
113.25
+0.01%
-0.26%
-0.32%
-1.00%
Data delayed 20 minutes

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