If you are looking for a strong company to look at, a commercial construction supplier for Barnes and Noble is poised for strong EPS growth within 36 months, according to Market Guide. GIBBS Construction is now building Barnes and Noble stores and works with other similar retail clients that are involved in aggressive expansion. GBSE has been growing strongly based on its success in the commercial construction sector and primarily with extremely successful retailers but has also diversified into non-retail areas such as health care and schools.
Market Guide predicts 80 % earnings per share growth within 36 months, share price has grown in the past year, has no international exposure to Asian, South American, or other emerging market problems.
GBSE's has pursued an aggressive growth and recession proofing strategy by meeting the explosive building expansion programs of clients such as Home Depot, PetSmart, Best Buy, Office Max, Just for Feet, Barnes and Noble, Oshman Supersports USA ect.
The company's competetive edge is a growing reputation for quality and ontime or early completion through its innovative use of in-house crews to contain costs.
The retail sector will probably be the last and possibly least affected by the Asian contagion, but even so, GBSE has diversified with non-retail clients to get through a slowdown. Relative to the market as a whole and the construction sector, GBSE has weathered the last few bad market months better than either.