hhgregg, Inc. (NYSE:HGG)
The Company is a retailer of video products, brand name appliances, audio products and accessories and currently operates stores in Ohio, Indiana, Georgia, Tennessee, Kentucky, North Carolina, South Carolina and Alabama.
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Let's see. AMZN, COST, WMT + online reviews and help = HGG being a terrible investment
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This stock is hopeless. I must have been crazy to buy a stock so dependent on the US consumer. Dumped it today and moving on.
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I live and Chicago. And the people of this town hear of a new store chain will flock to it like city pigeons. Buy this stock now if you want to double your money in a few months. 15 stores will be open by or on the 15th of September.
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This company is similar to Best Buy Electronics but as a regional expanding player. High end electronics during a struggling domestic economy - From what I read on the hgg boards - mediocer service / sales staff - Brick and Mortar retailer competing against on line retailers like Amazon ( Amazon has better prices and better service with no brick and mortar overhead.
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I dont think HH Greg will turn around as quickly as everyone thinks. I believe the article "Why HH Greg's earnings are not so hot". I would be ok paying 8 dollars per share for this but not 10
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Small company with tons of growth potential. Customer service will be the key, which they already do very well. They will need to upgrade there website if they want to make money online.
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Brick-and-Mortar stores depend heavily on customer service. Recently I purchased a mid-price plasma TV (50"). I was well-prepared for the model and what I wanted just in case I had a dolt for a saleman. The HGG salesman was very knowledgeable and courteous. He spent more time than necessary with me and discounted the advertised price so that it was close to the Amazon price. With this service level, they will beat Best Buy.
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Cyclical stock -- depends on a wide range of consumers, not just wealthy ones. When Joe six-packs wife can afford a new washer or fridge, HHGregg will return with a vengeance, having added gobs of new locations nationwide.
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opening new stores costs big money,
their best bet is to grab those empty circuit city stores before Big Lots gets them first.
Next they have to stop the sneaky ads they have,
20% off list prices. That is so 1960's!
With Sears, Lowes Home Depot and now Walmart in the appliance business, HHG is not going to have a lot of room for 'high margins'.
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Good retail company/price.
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Yes, I'm picking this during a pop, but I had an excellent customer experience with them delivering washer/dryer. I think they will crush the competition on price, service and word of mouth.
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was not particularly impressed with the customer service, attentiveness, and prices at the store I visited...did not seem to be anything special
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Online.. Online.. Online.. 24-48 delievery options and probably at 2/3 the price of Best Buy, HGG, Radio shack and others. There may be a possible short term play on this but i wouldnt pick any company over amazon. Even if the company bounces back, it wont last... Gamestop needs to also beware, the majority of us would rather preorder games online than wait in a line for 8hrs for the new COD... Food for thought.. if you disagree plz make ur case..
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i've never bought electronics from a big box high end retailer (even though several within 10 miles of me) and I never will. I don't understand the appeal of paying more when you can buy online, and have it delivered for less money. Just my consumer opinion.
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Growth story, end of story. Going back for more soon.
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A great company at a great price. Who doesn't want knowledgeable service when purchasing these expensive ever evolving products that last for years. I am sure tech guys can buy from the cost leader because they know all the answers, but the rest of us are willing to pay a little more to make sure we get the right product.
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recently beaten down by poor 3d tv performance in late '10. still has a strong store expansion plan and can last until 3d tv takes off with consumers, positioned well to fly at that point
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Some of my best stocks over the years have been retailers that changed the game and went gang busters through out their expansion phase. Home Depot, Best Buy, and Loew's had terrific returns over the long run. Right now, the market is beating up retailers, but the recovery will come and I think HGG will be able to capitalize with its smart expansion plan.
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SA recommendation & sharp pullback in recent weeks
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