Tuesday, January 15, 2008

Hhgregg

An interesting article about Hhgregg is in this week's Barron's. Hhgregg is a mid-west company with stores in the Central Ohio area. It went public in July 2007 at about $13.00 a share. It hit a high of about $17.72 and currently stands at $9.62. Forward P/E is 7.76. This could be a good growth stock for a 1-2 year horizon with a consensus target of $18.88. Ticker symbol is HGG.

What do you think about Hhgregg? Do you shop there?

1 comment:

spcomics said...

I prefer shopping for electronics and appliances at stores like Best-Buy, Sears and Lowes. I had a negative shopping experience at HH Gregg a few years ago and I have not returned since.