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$22.18 -1.55 (-6.53%)
9/4/2008 4:02 PM

Dick's Sporting Goods, Inc. (DKS)

CAPS Rating:
****

An authentic full-line sporting goods retailer offering a assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment.

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Avatar YoungInvestor99 (38.29) Submitted: 6/30/08 7:23 PM : Outperform Start Price: $17.54 DKS Score: 28.49

People spend big money on sports. You know how much a pair of Nikes will run you these days?





Near the 52 week low, down on a down market, not on bad business prospects.





At only about 2 times book value, this looks like a deal on a company that still has a lot of room to grow, with stores in only 36 states.





A 12.8 PE on this company makes it a very reasonable buy and I think most people would do well if they bought this company at this level and held on for the long run.





Although it may drop lower on fears of less consumer spending, long run it will do very well. Keep in mind that the fear of less consumer spending does not mean there is less consumer spending. I was at a Dicks store today and there were plenty of people shopping there.





Whats that quote? Be greedy when others are fearful and vice versa? People are fearful on this stock now, and there is no reason to be...Get greedy now.

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