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Industry Focus
Headline: CG: Is Michael’s a Value Stock or a Value Trap?
Oct 01, 2019 (38:28)
Michael’s is the largest craft retailer in North America, but is it a good stock? With shares down more than 40% since most recent its IPO in 2014, some may quickly dismiss the company. However, on closer inspection the company appears like it could have some value left in it. Motley Fool Contributor Asit Sharma joins the show to break down the company, and we give our thoughts on whether Michael’s is a value play or a value trap.
Stocks Mentioned: MIK
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