November 30, 2012
The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jeff Fischer and Joe Magyer, discuss the top business and investing stories.
In this segment, the good news and bad news for Barnes & Noble (NYSE: BKS ) . On the upside, the company did report a profit, as well as growth in sales of its Nook e-reader tablet. However, sales for its core business, the bricks-and-mortar bookstores, were down, as were same-store sales, with the stock price down about 10% as a result. Here the guys discuss why the in-store sales numbers we saw last quarter weren't a continuing trend, and what the future looks like for another ailing retailer.
Everyone knows Amazon.com
is Barnes & Noble's biggest competition. In fact, it's every retailer's
biggest competition. It's the big bad wolf in the retail world right now, but at its sky-high valuation, most investors are worried it's the company's share price that will get knocked down instead of its competitors'. We'll tell you what's driving the company's growth, and how to know when to buy and sell Amazon
, in our new premium report. Our report also has you covered with a full year of free analyst updates to keep you informed as the company's story changes, so click here now
to read more.