What do you guys think of Office Depot stock? Good buy? #personalfinance #investments
Huge no
Op, why don’t you tell us why you consider ODP?
It was trading in the $400 range back in 2007. It went thru a stock split. It's on sale now :). Has upside..back to school shopping, etc. Things go back to normal maybe.
When was the last time you bought something from there????
I go there all the time. Their store is fairly packed for what it is. Best buy is doing well too.
The few times I've been in office depots, pre covid, i was literally one of three or four customers. In a GIANT store. Dont know how places like that stay in business.
Do a little more research and you’d know 🤷♂️OD is 30% retail and 70% B2B
I should see where the nearest Dunder Mifflin store is.
I can tell you as someone that is a ground troop but came from a white collar background and had to take a break or a sabbatical that these stores are closing left and right leadership is callous communication is awful and it's basically another case of Blockbuster versus Netflix except this time it's Office Depot versus Amazon and Office Depot brings nothing to the table.
Amazon is >3k and you looking at Office Depot stock?
How does a stock price matter?
Amz is sucking up all of Office Depot biz especially true during corona