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

Inside the Push to Bring Air Taxis to City Skies

Electric air taxis are moving closer to real-world use. Vertical Aerospace’s CEO explains how EVTOLs could transform urban travel and ease congestion.

From Davos to Data Centers: Nuclear Energy’s New Moment

As AI and electrification drive record power demand, nuclear energy returns to the spotlight. Lightbridge CEO explains how advanced fuel could reshape the grid.

EquipmentShare Goes Public: The Startup Revolutionizing a $60B Industry

Construction tech is booming! EquipmentShare CEO Jabbok Schlacks discusses their IPO, AI-driven equipment, and how they’re reshaping a $60B industry.

From Crushing Deals to Crushing Box Office: Kevin O’Leary’s Hollywood Takeover

Shark Tank’s Kevin O’Leary breaks down his Hollywood debut, Marty Supreme’s $100M box office run, Oscar buzz, and what business taught him about movies.

Big Business This Week: What happens when “Sell America” meets “TACO”?

How resilient are the U.S. markets? Will they always bounce back on the TACO trade? Or is it possible to go to far?

The best part of awards season is the the behind-the-scenes material

Awards season is upon us, which means glitz, glamour, and most importantly: a lot going on behind the scenes.

Inside The Hidden Risks of Trump’s Housing Plan

Peachtree Group CEO Greg Friedman unpacks what a ban on institutional homebuyers could mean for affordability.

Discover The Minerals Powering America’s Tech Boom

Rita Adiani, CEO of Titan Mining, explains why graphite, zinc, and germanium are becoming vital to U.S. industry and security.

Inside Aeva's New Deal with Nvidia

Aeva CEO Soroush Salehian breaks down what the NVIDIA partnership signals for autonomous vehicles and the future of automation.

Inside Goodwill’s Retail Reinvention: Why People Can't Stop Thrifting

David Eagles, COO of Goodwill Industries International, explains how resale, culture shifts, and economics are fueling a secondhand boom.

Load More