Hastings Entertainment, Inc. (NASDAQ:HAST)
The Company is a multimedia entertainment retailer, which operates entertainment superstores that buy, sell, trade, and rent various home entertainment products.
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strong buy
Recs
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.
Recs
A pure long term pick. I have been familiar with this company since the early 90's and it shows great promise in it's market area.
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