Cramer Quick Take: Skip Barnes & Noble
NEW YORK (TheStreet) -- Should investors curl up by the fire with a few shares of Barnes & Noble (BKS) now that the company's founder is looking to take at least part of the company private? Jim Cramer told Debra Borchardt at TheStreet.com Monday he's not a buyer of the news.
While Barnes & Noble's college business remains strong, he said, the company's brick and mortar stores are still feeling the heat from Amazon.com (AMZN) , and the Nook tablet products aren't competing well with Amazon's Kindle and other tablets.For that reason, Cramer said he's taking a pass on the once preeminent bookseller.
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-- Written by Scott Rutt in Washington.
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