Putting a Stamp on E-Commerce

Seeking Alpha Author Robert Maltbie joins Cheddar to discuss his "buy" rating on Stamps.com. Projections for an above-average Christmas shopping season and e-commerce participation benefitted this company immensely. Maltbie puts a $250 price target on the company. Stamps.com's strategy to emphasize marketing initiatives this year boosted results well above Maltbie's prior expectations. Last quarter, revenue was $116.1 million, up 38% compared to a year ago 2016. Mailing and shipping revenue was $111.8 million, up 37% year-over-year. Maltbie talks about Stamps.com's partnerships with Amazon Marketplace and USPS. He discusses some challenges for the company and what his expectations are for 2018.

More In Business

How Webtoon Is Leading Digital Comics – Inside What’s Next

David Lee, COO & CFO of Webtoon, shares insights on the company’s earnings, global growth, and how AI is shaping the future of digital storytelling.

How Kim Perell Turned Mistakes into Millions

Entrepreneur & author Kim Perell shares lessons from 'Mistakes That Made Me a Millionaire', revealing how failure was the key to building her success.

Warren Buffett’s company reveals investment in UnitedHealth

Berkshire Hathaway revealed four new investments Thursday in steelmaker Nucor, insurer UnitedHealth and two of the nation’s biggest homebuilders.

Big Business This Week: Is the U.S. economy entering its weird era?

The U.S. economy is in a strange place.

From Trade Tensions to Rate Cuts: What’s Driving the Market Now?

Mark Hackett, Chief Market Strategist at Nationwide, shares insight on market sentiment, Fed policy impact, and the outlook amid trade tensions.

Crypto 401(k)s Explained: Maple CEO Sid Powell on the Staking Revolution

Sid Powell, CEO of Maple Finance, demystifies crypto 401(k)s and explains how staking lets users earn passive yield while supporting decentralization.

Bullish IPO Soars: An Inside View with President Chris Tyrer

Chris Tyrer, President at Bullish (NYSE: BLSH), reveals how the IPO-fueled rise of the company is redefining institutional crypto markets.

Inside the Pricey White House Upgrade No One Saw Coming

Meridith McGraw, White House Reporter at The Wall Street Journal, breaks down Trump’s $200M ballroom plan, D.C. police tensions, and the future of MAGA.

Spirit Airlines sounds the alarm on its future ability to stay in business

Just five months after emerging from Chapter 11 bankruptcy protection, Spirit Airlines is warning about its future ability to stay in business.

SoCal Police find $30K worth of Labubus stolen from warehouse

A police department in Southern California has recovered about $30,000 worth of Labubus that were stolen from a warehouse.

Load More