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$CTAS Cintas beats and raises once again

Long
NASDAQ:CTAS   Cintas Corporation
Entry level $268.91 = Target price $280 = Stop loss $265
Beats on earnings and raises guidance.
CTAS is tuned into the ecpnomy more than any other compnay as it produces corporate uniforms, it look sset to make new highs as growth and earnings continue to rise.
Currently within a nice well defined channel, which provides a nice safe trade.
Company profile
Cintas Corp. engages in the provision of corporate identity uniform through rental and sales programs. It operates through the following segments: Uniform Rental and Facility Services, First Aid and Safety Services, All Other, and Corporate. The Uniform Rental and Facility Services segment consists of rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels, and other ancillary items. The First Aid and Safety Services segment comprises of first aid and safety products and services. The All Other segment includes fire protection services and its direct sale business. The Corporate segment consists of corporate assets such as cash and marketable securities. The company was founded by Richard T. Farmer in 1968 and is headquartered in Cincinnati, OH.

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