Is Books-A-Million Worth $111 Million?
Books-A-Million, Inc. (BAMM, Free Analysis), a book retailer in the southeastern U.S., is definitely facing secular decline as a result of competition from companies like Amazon.com and the advent of the e-book reader. However, some investors believe that the stock’s move from $15.00 to $2.35 over the past 52 weeks is overdone, and the valuation could be cheap. The bookseller now trades for just 8.4x its trailing 12-month earnings, which appears cheap compared to Barnes & Noble’s 15.6x price-earnings ratio. However, a quick look at historical financial statements shows a company in secular decline, which means that it may have to shift its strategy or sell-out to a larger store in order to reverse its trend and unlock value. Receive Free BAMM Analysis by E-Mail Netezza is Worth Storing in Your Portfolio Netezza Corporation (NZ, Free Analysis), a provider of data warehouse appliances, has moved up more than 25% this week after it announced higher-than-expected earnings of 8 cents versus
