Money Investor
Long/short equity

ACCO Brands: Concerns Are Misplaced And Stock Is Cheap

ACCO Brands (NYSE:ACCO) is one of the world's largest suppliers of select categories of branded office products. This is not necessarily a sexy business, but it is still a profitable one. The office products retail industry has been in turmoil over the past few years, with margins being crimped and the large players such as Staples (NASDAQ:SPLS), OfficeMax (NYSE:OMX), and Office Depot (NYSE:ODP) forced to revamp their businesses to stay relevant. Part of this is due to the heavy focus these companies previously placed on selling consumer electronics such as computers, laptops, and printers which have seen a secular decline and increased competition from e-commerce. ACCO does not see the bulk of...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details