Michaels Is Worth Putting on Your Watch List as a Potential Value Purchase [The Motley Fool]
THE MICHAELS COMPANIES (MIK)
Last the michaels companies earnings: 3/17 07:00 am
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Source: The Motley Fool
Michaels Is Worth Putting on Your Watch List as a Potential Value Purchase In this conclusion of a recent Motley Fool : Consumer Goods The Michaels Companies ( NASDAQ:MIK To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center quick-start guide to investing in stocks This video was recorded on Oct. , 09. Nick Sciple: Best Buy Asit Sharma: Amazon The thing about Best Buy or some of these other companies that we've talked about is, at one time or another, they've been in serious trouble. I tell you, when you can look the landlord in the eye and say, "If you don't help me out on this lease rate, I might not be here next year to pay you on a monthly basis," you have some leverage there that a company which is even marginally successful doesn't have. It's an accepted practice in the commercial real estate industry to have a lease rate bump up % to % a year. In my opinion, I hear what the short sellers are saying, but they're comparing apples and oranges.
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