A Look at Buckle: Fundamentals Don't Matter Anymore [View article]
My worry is that BKE is a proxy for the corn belt. And if Obama does overturn the corn into gas business, BKE may follow them down.
Countering that is how BKE expands: it didn't during the real estate boom. But it is now, during the real estate collapse. (Compare TGT) And judging by [young] man on the street quotes of its expansion into California, BKE will do fine.
Pays a nice dividend, has no debt, good price point, stores are destinations. You could do a lot worse.
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My worry is that BKE is a proxy for the corn belt. And if Obama does overturn the corn into gas business, BKE may follow them down.
Dec 01 11:00 am
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All Comments by Rack 'Em, Danno »A Look at Buckle: Fundamentals Don't Matter Anymore [View article]
Countering that is how BKE expands: it didn't during the real estate boom. But it is now, during the real estate collapse. (Compare TGT) And judging by [young] man on the street quotes of its expansion into California, BKE will do fine.
Pays a nice dividend, has no debt, good price point, stores are destinations. You could do a lot worse.