Amazon.com has unveiled a $99 video streaming device called Fire TV. Even though a number of strong competitors already have a significant presence in this space, with the video streaming device market growing at the pace it is, Amazon could definitely see some traction from this move.
On Wednesday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser look at the latest offering from Amazon and whether it can move the needle for the company. Jason also discusses one area of Amazon where he would really like to see more transparency.
Then, Buffalo Wild Wings held its Analyst Day today. Shares have had an incredible run over the past year but fell today. Chris and Jason look at the company, and where it goes next from here. With the restaurant chain well on its way to reaching its target store footprint in North America, Jason notes that the market may be wondering how Buffalo Wild Wings will continue to grow beyond here. He also says that while he loves the business and the management, the stock looks extremely expensive, which keeps him from being a buyer today.
Also, Liquidity Services, a company that helps to liquidate a lot of government inventory surpluses from departments such as the Department of Defense and others, has seen top line sales more than double since 2009. But the stock fell today, after its winning bid for one of the company's all-important government contracts ended up being much higher than expected. Could such a big error ever be repeated, and should investors run for the hills based on this mistake? The guys discuss Liquidity Services, why this looks more like a one-off than a pattern, and the many reasons there are to like this stock.
And finally, Apple is in talks to buy Japanese chip maker Renesas Electronics in a deal worth $1 billion, which, if you're Apple, counts as a small bet for the cash-generating smartphone giant. Jason tells investors why it seems like a smart bet for Apple to make the company a little more vertically integrated, as it continues to transition into the next stage in its corporate life cycle, and away from being a growth company.
So where is Apple headed next?
You know cable's going away. But do you know how to profit? There's $2.2 trillion out there to be had. Currently, cable grabs a big piece of it. That won't last. And when cable falters, three companies are poised to benefit. Click here for their names. Hint: They're not Netflix, Google, and Apple.
Chris Hill and Jason Moser own shares of Amazon.com. The Motley Fool recommends Amazon.com, Apple, Buffalo Wild Wings, Google A Shares, and Liquidity Services and owns shares of Amazon.com, Apple, Buffalo Wild Wings, Google, and Google A Shares. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.