One company that I brought to your attention about a month continues to amaze with its solid price performance on the stock market. This, at a time when stock market action was pretty lackluster.

The company that I'm referring to is Zumiez Inc. (NASDAQ/ZUMZ), which was once a high-flyer on the stock market then pulled back significantly on profit-taking. The stock is up over 5 points since first mentioned in this column.

Zumiez is a fast growing specialty retailer of action/sports apparel, footwear, equipment, and accessories. The company sells to young men and women, targeting the ages 12 to 24 with skateboarding, surfing, snowboarding, motocross, and BMX related clothing. Based in Everett, Washington, the company has some 221 stores, mostly in shopping malls.

In its second quarter ended July 29, 2006, the company's revenues grew an impressive 42% to $55.8 million. Net income for the quarter was $1.6 million, or $0.06 per diluted share, as compared to net income of $848,000, or $0.03 per diluted share, in the comparable quarter.

The company recently reported that its same store sales for the month of August increase some 4.7%. Used throughout the retail industry, same store sales measure the total sales in retail stores that a company has open for at least a year. The company reported that its actual revenues for the four weeks ended August 26 grew 36.4% to $33.7 million. This is up significantly from comparable store revenues of $24.7 million generated in the same period last year.

Like most growth stocks, Zumiez is now fully priced on the stock market considering its future prospects. In fact, the stock is now quite expensive.

Quite often, however, expensive stocks stay expensive for long periods of time. I think this stock can keep doing well over the coming quarters. If you invested in this innovative retail company, sit back and maintain a moving stop limit to preserve your profits.