It's still only trading at 13 times earnings how is this overbought?
All I said was that Kroger is always packed and seems to be busier then Walmart at times when I've been to these stores. The Kroger stock I own is up 23% over the last 3 months so who really cares where you buy your meat. LOL
Yelp has been mentioned as a possible target for Yahoo but YELP stock is so overvalued that it is currently trading higher then Yahoo. I'm wondering as to how such an acquisition like this would effect Yahoo's stock price. Does anyone have any input on this?
Visit these three stores and see where the majority are buying their food. Kroger will be busy no matter what time of day and the food sections of Walmart and Target will be nearly empty.
Revenue is up, positive guidance, expected growth, cash on hand for acquisitions. Still seems to me like there are much better choices to short.
Why? They just reported profits rose 54% and a 6th straight quarter of acceleration. Isn't there better choices of equities to short? Not trying to be a jerk I'm just curious.