Mike Arnold
Long only, small-cap, tech, growth at reasonable price

Overstock.com Looks To Accelerate Growth, Shares Appear Cheap

Overstock.com (NASDAQ:OSTK) reported revenue and earnings numbers that missed analyst estimates, but provided some color on the conference call to a "potentially disruptive" supply chain innovation with respect to its third-party affiliate network and a number of other growth initiatives that could provide a catalyst to move these shares appreciably higher.

Shares sold off on the news of the "miss," but could be providing discerning investors an interesting entry point prior to two growth initiative announcements -- the supply chain innovation on May 5 and another which management was tight-lipped about by the end of Q2.

(click to enlarge)

OSTK data by YCharts

There has also been a lot of talk in the press regarding Overstock and its...

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