Christine Swanson

Tuesday, July 5, 2011

ScanSource Profits From Point of Sales Increases

Jim Van Meerten submits:

Today on Barchart one of the growth stocks with the most consistent price momentum is ScanSource (SCSC). Analysts predict double digit growth in both sales and earnings and the stock is up in 16 of the last 20 trading sessions and has gained 19.62% in just the last month.

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ScanSource operates as a wholesale distributor of specialty technology products to resellers. The company?s ScanSource POS and Barcoding sales unit markets automatic identification and data capture (AIDC) and point-of-sale (POS) products, which interface with computer systems used to automate the collection, processing and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling and warehouse management. The AIDC product line includes various portable data collection terminals, wireless products, bar code label printers and scanners. The POS product line comprises PC-based products, such as cash drawers, pole displays, signature capture units, display


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Christine Swanson at 10:24 AM
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