Oct
15

I Purchased Steelcase Inc (scs), Can Someone Please Critique?

By Business Person

They appeared to have a stronger balance sheet than competitors, they had a huge international presence which should hedge against a weak dollar, it seemed to be oversold, and I think they will benefit from a weak dollar. Plus they are the largest company in that industry, and seemed to have some capabilities. I researched all companies in that niche industry for a long time, and felt Steelcase was the best buy.

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
Categories : Businesses

2 Comments

1

Watch out! The Grand Rapids presence is poor at best now. That was a major economy for the west MI area. Now they have little keeping them afloat.

2

Sounds weak only up .11 today . Why not buy c or cit instead .corbin?

Leave a Comment

CommentLuv Enabled

This site uses KeywordLuv. Enter YourName@YourKeywords in the Name field to take advantage.