Hastings Entertainment, Inc. (NASDAQ:HAST)

CAPS Rating: 3 out of 5

The Company is a multimedia entertainment retailer, which operates entertainment superstores that buy, sell, trade, and rent various home entertainment products.

Recs

1
Player Avatar jmslnch (85.42) Submitted: 12/17/2007 7:13:48 PM : Outperform Start Price: $8.35 HAST Score: -102.23

Grassroots, staying power. I grew up in rural Texas, Hastings was there my entire life selling me every CD I listened to, every book I read, every movie I rented, etc. They have adopted the format of other entertainment retailers by including a coffee shop and a warmer atmosphere now, and with franchise-inside-of-franchise planning like that it stands to grow steadily and more than ever in coming years. Even if you have never heard of Hastings it is the only option for most places in the country and continues to expand in areas ignored by other larger chains.

Member Avatar Dunamis2012 (32.14) Submitted: 10/24/2010 10:55:39 PM
Recs: 0

I too like hastings. I'm originally from the east cost but when I visited TX I noticed the prestige of this multi enterprise (books, media, coffee). It seems like they have genuine but slow positive persistence. I see them as Long term investment. Thinking about it.... :)

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