BlueStone Capital Initiates Research Coverage of US Home & Garden Inc. with a Buy Recommendation.NEW YORK--(BUSINESS WIRE)--Nov. 23, 1998--Senior Analyst, Catherine Skelly Skel´ly v. i. 1. To squint. n. 1. A squint. of BlueStone bluestone, common name for the blue, crystalline heptahydrate of cupric sulfate called chalcanthite, a minor ore of copper. It also refers to a fine-grained, light to dark colored blue-gray sandstone. Capital Partners, L.P. initiates coverage of US Home & Garden Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on - USHG USHG Union Square Hospitality Group USHG U.S. Home and Garden, Inc. ) with a BUY recommendation and a 12 month price target of $7 1/2 per share. US Home & Garden, based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA manufactures and markets branded consumer lawn and garden products and agricultural products to national home improvement and mass merchant retailers, including Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box and Lowe's. Analyst Summary -- We are initiating coverage of US Home & Garden with a BUY recommendation and a 12-month price target of $7 1/2 per share. -- We believe US Home & Garden offers long-term small cap investors an opportunity to participate in the growth of a leading consolidator in the growing lawn and garden products industry. -- We project US Home & Garden's three to five year annual growth rate at 40%, including acquisitions. -- The consolidation of the lawn and garden products industry continues to create the acquisition opportunities that are driving US Home & Garden's growth. -- US Home & Garden maintains high gross margins relative to its peers and controls a leading market share in many of its niche categories. BlueStone Capital Partners, L.P. is a full service investment banking and brokerage firm that delivers financial services to emerging growth and medium size companies worldwide. BlueStone Capital assists clients in maximizing their growth by providing sophisticated investment strategies that are designed to achieve clients' strategic, operating and financial goals. |
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