Why Chanos Is A Bear On The PC Sector: 3 Past Leaders To Watch
Shares are up nearly 30% in the quarter, after it was circulated that the company wants to privatize.
Dell struggled to improve profit margins in selling computers. The company expanded its online offering by selling peripherals, printers, cameras, and other electronics. The diversification failed to improve computer sales. Dell does not have a growth strategy in the corporate space.
3. AOL, Inc. (AOL): Operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. Market cap at $2.51B, most recent closing price at $29.93.
AOL management maintained a shareholder-friendly position in maximizing value. The company monetized its patent portfolio, sending shares up by 130% from its 52-week low.
In the retail space, a showdown between online and traditional retailers will play out. The company to watch is:
Market skepticism remains high that the online e-tailer can justify its lofty valuation. Savvy shoppers are using storefront-based retailers to try products, and are then buying them for less at stores like Amazon.
Written by Kapitall's Chris Lau.