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Office Depot, Inc. Message Board

  • one_dogydog one_dogydog Sep 30, 2012 10:55 AM Flag

    I will Sell office Max it is Overpriced and I will buy Office Depot it is deeply undervalued.

    Office Max went up almost%89 in less than a month from $4.35 to $ $8.1 While office Depot is trading @ $2.50 meanwhile office depot is 2nd largest Office Supply retailer after Staples .
    There is no doubt that Office Depot is deeply undervalued as the CEO mentioned 2 weeks ago.

    The 3rd quarter I believe will beat the estimates and that will give a jump to the stock that will be in 4 weeks.
    The 4th quarter will much better with all the holiday shopping and black Fri. numbers .

    I think that things now are much better than 2008 where the unemployment was %16 now unemployment rate is %8 so more hiring and better economy.
    Office Depot adapted a smaller store model a year ago.
    Office Depot close most the store that wasn't profitable.
    Office depot will cancel The NASCAR that will save $25 million a year .
    More and more to come.

    Recap : Office Depot is undervalued and should be going above the $4 levels pretty soon.

    Disclosure : I am long ODP

    Sentiment: Strong Buy

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    • Sell this dog! haven't you gotten it yet that this outfit has treated its employees as dirt? It's an unfriendly place to work and has no loyalty from its employees.

    • Charles Schwab has a strong buy on Office Depot, but Office max is a special situation they don't recognize and they have a neutral rating on them..I believe Office max has more room to run according to Zacks..

      Sentiment: Strong Buy

      • 1 Reply to joinmy10church
      • Officemax made money last quarter, just extingushed some debt, has closed stores and opened more,this quarter is always the best for office stores, plans to reduce retirement debt, is now paying a dividend..It the better play IMHO! Office depot is in a deep hole and looking for a life line..Finally stores being closed recently by Office Depot and Staples will benefit Office Max to some extent, so IMHO its thumbs up for Office Max and a prayer for Office Depot..

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