NEW YORK Dec 26 Certain smaller chain
retailers are likely to see a "January Effect" bounce next
month after sharp high-to-low declines in 2010, Barron's said
in its latest issue.
Barron's described the effect as the tendency for small
stocks that declined sharply in the prior year to outperform in
the first month of the new year.
In its Dec 24 issue, Barron's specifically cited Coldwater
Creek CWTR.O, Hot Topic HOTT.O and Kirkland's (KIRK.O) as
potential gainers. It also picked out trading firm LaBranche
LAB.N and Web search company InfoSpace INSP.O.
(Reporting by Ben Berkowitz; editing by Gunna Dickson)