Thursday, June 25, 2015

Top Income Companies To Invest In 2016

Top Income Companies To Invest In 2016: Overstock.com Inc.(OSTK)

Overstock.com, Inc., together with its subsidiaries, operates as an online retailer offering discount brand name, non-brand name, and closeout merchandise in the United States and internationally. The company?s merchandise include bed-and-bath goods, furniture, home decor, kitchenware, watches and jewelry, shoes, electronics and computers, sporting goods, apparel, designer accessories, home and garden products, media, music, luggage, health and beauty products, baby products, crafts and sewing products, office products, gifts and flowers, toys and hobbies, and pet products. It also operates online car listing service that allows sellers to list vehicles for sale and allows buyers to review vehicle descriptions; travel shopping site, which offers discount travel packages, flights, rental cars, and other travel-related products and services; and insurance shopping service for auto and home insurance, as well as provides books, magazines, CDs, DVDs, and video games. The comp any markets its products and services through its operating Internet websites, which include overstock.com, o.co, and o.biz. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is based in Salt Lake City, Utah.

Advisors' Opinion:
  • [By Rich Smith]

    Amazon.com (NASDAQ: AMZN  ) reported earnings yesterday that showed the e-commerce giant is just barely eking out a living, with an operating profit margin of 0.5% (and a negative net). And now, Overstock.com (NASDAQ: OSTK  ) has announced a plan that might squeeze Amazon's profit margin even further.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-income-companies-to-invest-in-2016.html

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