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STMP - Stamps.Com: Exceeds Expectations Shorts Run For Cover Don't Miss It
Stamps.com Inc.
Investment Thesis
Stamps.com (STMP) had fallen from grace but is now back on the offense.
Even though its shares are not cheaply valued, and the company is not expected to grow its revenues at a fast clip, its prospects are clearly not as grim as many had expected.
With a brand new share repurchase program, together with a strong balance sheet with net cash of $100 million, I believe this stock is worthwhile considering. Here's why:
Putting Its Troubles Behind
Stamps.com has offered shareholders a roller coaster these past two years. First selling-off