Friday, February 18, 2011

B&N Stock Update

I am growing even more bullish on Barnes & Noble(BKS) by the day. Now that Borders Group has filed for Chapter 11 a lot of B&Ns competition will disappear overnight. I know the market for printed books has/is shrinking but there will always be a need for them somewhat. B&Ns Color Nook is an overnight success for them. I got a 3G e-ink Nook for Christmas and just love it! I have purchased double the books I usually do and will continue this trend for a long time. Have spoken to many Nook owners and they all love it. This will provide a continuous stream of revenue for them for years to come. Don’t forget about the 6% dividend! Got to love a nice fat dividend like B&N pays. Happy Investing. Tony

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