8 stocks that won't live to 2020
Under pressure from competitors and struggling to keep up with changing consumer demands, these companies are facing an uncertain future.
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Went into a Rat Shack yesterday to get a replacement "under warranty" for a car phone charger. Kid behind the counter tells me he can send the charger off to see if it can be repaired. If not, they'll send me a gift card. Fail # 1. Sears, this weekend. First i tried to get a replacement ratchet, Craftsman brand. Get handed a beat up unit from under the counter that had been "rebuilt". Was worse than the unit that i took in. The sales person took great umbrage when i pointed out that the replacement was not acceptable. After a brief, attitude filled, conversation, i did get a new replacement. Second, when buying some new sockets, i was informed that the "Craftsman Brand" was lifetime replacement, while the "evolv" sockets had to be sent back, and were made in China. Nice work both Companies... Also Surprised that JCP is not on the list..
Again, the real point in all the stories here on MSM are totally missed. But the Media has gone total Liberal, and all you average Americans have missed the boat.
It boils down to this, and I'm just as much at fault for this as All you Americans.....
America is what it is today, because of what you allowed it to become....
Did you watch.....and pay attention to the NAFTA agreement? Did we make sure that products where still made in America? Nope we went for the easy cheap way out.....
Unions, for and at jobs.....back in the day....it was to keep things honest and fair.....today it's used to be greedy,,power,,,,and tied into the political MESS....
I feel honored to have been and remember Radio Shack and Sears for what they where.....I am sad they have changed.
I want to be positive...specially when I see all these kids throw their graduation caps into the air.....but really....perhaps they all should go to China....or whatever.....nothing here in America to offer them except a cell phone and a ticket to jail for textin' Not to worry Mommy and Daddy on Assistance will foot the bill.....
America is the way YOU made it.....you can play the blame game pointin' fingers.....but in the end....it's all our doing. We have the power to change.....but........no one is willin' to make the sacrifice....
Ohh, and don't forget, the Ticks are growing in numbers....soon you will not have your health either. Don't expect anything to be done about that epdemic....if money can't be made first....Americans will be last....so fasten your seat belt...not to avoid the ticket, but to be ready for the ride in Hell.
Tick Toc......are you ready for the clock to stop?
I don't know about the others, but the Sears/KMart debacle is due to a private equity company, a company like the one Mitt Romney used to run how many heritage US businesses into the ground, bought Sears.
The equity guy, with no retail experience ever, put himself in charge and made one bad move after another.
Another example that financiers are not businessmen.
When they pulled the tube testers and started to sell pagers, I knew the company was struggling. Even back then and I am seriously surprised they have held on this long.
Want a rock solid investment? Anything that does with drinking water..
Dan Burrows, I've heard this sort of rhetoric many a time over the course of the 30+ years I've been working with computers. "Latest and greatest to squash everything you've ever used in computing!"
While I'm not saying HP isn't going to go down the tubes in the next 5-10 years or so, I'm saying THIS is hogwash: "Thanks to revolutionary mobile operating systems courtesy of Apple and Google, it's a tablet and smartphone world now. And there's no turning back."
Really? Ever try to do real 3D design work on a tablet? Or worse yet, a smartphone? Got your SolidWorks or AutoCAD part to fire up on your iPhone, then convert it and print it out on your Dimensionsal 3D printer? No? Why? That's because YOU CAN'T, because OS ports don't exist yet, and aren't likely to exist any time soon. Why? Because there isn't any economic incentive to do so. So while you tote the extinction of the PC in favor of the tablet and smartphone, the reality is (at least in the industrial, commercial and just about every other enterprise sector) the plain old PC desktop isn't going to go away any time soon. So that means HP and Dell are likely to survive longer than you are predicting.
Tablets and Smartphone will compliment the current infrastructure, but they won't replace it any time soon.
HP, Google and Game Stop should form Poogle Stop - and sell retro software and dial up pc cards - and while your at the drive thru getting your chicken, pick up a pair of plyers to work on your spaceship. Pretty sure we will all be driving around in our space-mobiles by then....might want to throw GM to that list too...wait nevermind sure the Gov will just bailem all out anyway...
How about 8 stocks that WILL COME BACK by 2020! Hostess will be #1!!!
I like Radio shack because it has products, cheaper and accessories that the other stores don't have. It's amazing how we have been reduced to buying all accessories through apple or ATT at a phenomenal price. And forced to buy updated materials every two years even if my own product is still working, because I lost or some accessories aren't mde anymore by these larger companies where I'm forced to buy an expensive upgrade where nothing before is compatible. Radio shack fits that niche. If it falls away, the larger companies will be happy
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Plus, after much ado, Softbank is oh-so-close to acquiring Sprint.
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