Sean Chandler
Research analyst, tech, long-term horizon, value

A Samsung Nook Can Justify A Buy For Barnes & Noble


Despite having a successful bookstore business of nearly 700 stores, Barnes & Noble (NYSE:BKS) has suffered from a continuous failure in creating a successful e-reader, the Nook. After making big changes to the Nook business, the retailer has recently announced an arrangement to outsource the hardware to Samsung (OTC:SSNLF) (OTC:SSNGY), who has experience in making some of the world's most popular devices. For the last several years, the stock has been a trading machine with no real direction. Nook has been dead weight, and thanks to the latest agreement from Samsung, Barnes & Noble may have its best chance yet in finally lifting the company off the ground.

The dragging nook

Despite the...

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