Stock is overvalued, IMO. Missed estimates by a wide margin the last two quarters. There are no major products coming out soon that could increase sells, at least that I know of. Consumers will have less money to spend on unnecessary items as the economy deteriorates and unemployment rises. This will likely affect companies that produce entertainment products and electronics more than most other companies.
Find Winning Stocks Quickly with Research Wizard, a powerful desktop software program. Start with easy-to-use pre-loaded strategies, then develop your own. Backtest against years of historical data to see how your approach works in any market. Start a Free Trial Today >>
Take advantage of quick short-term moves, and profit from price moves in any direction. Trade options under the direction of an expert guide. Try it now and get a 90-day unconditional money-back guarantee. 50% OFF for a limited time! Zacks Options Trader >>