Wall Street "Whiz Kid" Profiles YTB International in DailyTrends Newsletter With Price Target of $2.32
ENGLEWOOD CLIFFS, NJ -- 04/28/2005 -- YTB International, Inc. (OTC BB: YTBL), a leading provider of Internet-based travel services, announced today that Wall Street “WizKid” Chris Lahiji, who at 20 was the youngest person ever to professionally manage a mutual fund, recently selected YTB International Group, Inc. (OTC BB: YTBL) as his “Stock Pick of the Week,” and placed a $2.32 price target on the stock.
Lahiji, whose investing talents were promoted to the investment world in a Business Week Magazine feature article in 2003 and appears as a regular guest on Fox Business Television, is also the President of DailyTrends.com.
He noted in the report that, “My price target is north of two dollars ($2.32). The Company is expecting to make .10 to .12 EPS this year, and it’s worthy of a forward-looking P/E of 20. As YTB makes agreements with online industry giants like World Choice Travel, a division of Travelocity, I say watch out for even more deals moving forward.”
Chris Lahiji is the President of DailyTrends.com. He has been featured in magazines and newspapers such as BusinessWeek, Barron’s, Money, Institutional Investor, Kiplinger’s, IBD, Los Angeles Times and has appeared on CNN “In the Money,” CNNfn, PBS “Wall Street Week with Fortune,” Forbes.com, Fox Business News Television and CBS Marketwatch.
DailyTrends.com is an Internet-based Financial web site that provides self-directed investors information on selected public companies that in the opinion of DailyTrends.com have great investment potential. It is a non-registered investment advisor.
Statements about the Company’s future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company’s actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
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