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

Nevada Supreme Court Rulings Hand Setbacks to Gun-Right Defenders and Anti-Abortion Activists

Nevada’s Supreme Court upheld the state’s ban on ghost guns Thursday, overturning a lower court’s ruling that had sided with a gun manufacturer’s argument the 2021 law regulating firearm parts with no serial numbers was unconstitutionally vague.

House Bill Pushes TikTok Sale: App’s Future in U.S. Uncertain

The US Moves Toward Possible TikTok Ban. The House Bill Mandates ByteDance to Sell App Within a Year or Face Removal from US App Stores

Tik Tok Ban Passed in Foreign Aid Bill. What's Next?

The U.S is one step closer to potentially banning Tik Tok.

These Clean Energy Stocks Are Always in the Green

Make every day Earth Day by helping the U.S. make the switch to clean energy. Bonus: It’s inflation proof.

Harbor is Redefining Baby Monitoring without Biometrics

Enter Harbor, a new state-of-the-art baby monitor system, has opted not to include biometric monitoring.

How Two Companies are Using Tech and AI to Squash Bedbug Infestations

With an uptick in bedbug infestations, two companies, Spotta and Comcast’s Machine-Q, are joining forces and using tech and AI to squash this problem.

Load More