BSET - Bassett: +41% EPS 33% Net Cash And 5x P/E Make For An Attractive Buying Opportunity

• Bassett EPS is up 41% YoY for the 3Q.
• The stock has a net cash position of $5.80, or 33% of the stock price.
• Bassett is 53% off its recent 52-week highs, and this is a good time to get invested.
• Lumber prices plummet – a good sign for the housing market which has been booming, creating opportunities for the furniture industry in its track.
• Despite Bassett’s stock up 46% since our September initiation, we still see 62% upside going forward.

For further details see: