stoat1004

Buy Rent-A-Center -- Cramer's Lightning Round (7/24/08)

Another excellent pick on Rent-a-Center.....From 2005-2007 net income declined by 43.8% while sales, general, and administrative expenses increased by 50.3% (Well run companies in good market segments tend to do the opposite of that Cramer...just a little tip for ya).....It also pays no dividend has 1.25 BILLION in long term debt compared to 947 million in share holders equity....Very cheap at 17times ttm earnings and 1.6 times book don't ya think?.......BTW Cramer folks who can't pay their credit cards can't pay rent-a-center either....Nother tip for ya.