a onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}” href=”http://1.bp.blogspot.com/_T9VXVyuEITg/SXFmAkGf2CI/AAAAAAAAAno/vlwL7Hoqepc/s1600-h/Pawnshop.jpg”img style=”float:right; margin:0 0 10px 10px;cursor:pointer; cursor:hand;width: 234px; height: 237px;” src=”http://1.bp.blogspot.com/_T9VXVyuEITg/SXFmAkGf2CI/AAAAAAAAAno/vlwL7Hoqepc/s320/Pawnshop.jpg” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5292123197014005794″ //abr /If you are looking for recession and depression resistant stocks, one option is a href=”http://stockerblog.blogspot.com/2008/11/high-cash-no-debt-high-yield-stocks.html”High Cash, No Debt, High Yield Stocks/a. However, another option is to buy the stocks of publicly traded pawn shop chains. A pawn shop is basically a company that provides a small loan at a high interest rate with a personal item put up as collateral. The item can be anything from a guitar to a TV to a diamond ring. Pawn shops have been reporting that business is booming, and that more and more middle class and upper class people are taking advantage of their services.br /br /Here is a list of a few publicly traded pawn shop companies worth checking out:br /br /Cash America International, Inc. (CSH) is a Fort Worth, Texas company founded in 1984, which owns about 500 pawn shops in 22 states. The stock has a PE ratio of 8.5 and a PEG ratio of 0.66 . They also pay a yield of 0.50% .br /br /EZCORP Inc. (EZPW) is an Austin, Texas based chain of pawn shops. They has over 290 pawn shops in the US, and over 90 shops in Mexico. The stock has a PE ratio of 12 and a PEG ratio of 0.5 . br /br /First Cash Financial Services Inc. (FCFS) is an Arlington, Texas based company with over 275 pawn shops. The stock has a forward PE ratio of 12 and a PEG ratio of 0.84 . br /br /Besides pawn shops, another industry that may be considered recession resistant is the a href=”http://stockerblog.blogspot.com/2008/10/highest-yielding-big-pharma-stocks.html”big pharma stocks/a.br /br /span style=”font-style:italic;”Author does not own any of the above./spanbr /br /By a href=”http://Stockerblog.com”Stockerblog.com/adiv class=”blogger-post-footer”div class=’adsense’ style=’text-align:center; padding: 0px 3px 0.5em 3px;’
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Last 5 posts by Fred Fuld

• Ken Fisher Interview - Part 4 – Female Scam Artists and Selling the Scam – Stockerblog Exclusive - October 21st, 2009
• Stocks Going Ex Dividend the Fourth Week of October - October 13th, 2009
• I Wonder What the Fire Insurance Costs on This Real Estate - October 13th, 2009
• Goldman Sachs Invested in Chinese Car Maker - September 23rd, 2009
• Can Debt Free Selling At Cash Stocks Beat the Dow? Up 29% in Two Months - May 12th, 2009