Just became a stockholder in Staples. Value Line gives it a #2 ranking (Buy) with a #2 ranking for safety (#1 being the highest and #5 being the lowest) Also shows a 3 to 5 year price potential of between 30 - 45 or an appreciation potential of between `100% to 150%. Been considering it for about a week. When I saw the relative strength today in a weak market I decided to make the move. Bought a nice 5 figure position at $15.18/sh. So I'm up nicely already. We'll see if the price holds. If it backs off to below 15, I might buy some more.
After the close got a little bonus in the 10% increase in the dividend.