Hot Promising Stocks To Invest In 2015

Hot Promising Stocks To Invest In 2015: Office Depot Inc.(ODP)

Office Depot, Inc., together with its subsidiaries, supplies office products and services. Its North American Retail division sells an assortment of merchandise, such as general office supplies, computer supplies, business machines and related supplies, and office furniture under various labels, including Office Depot, Viking Office Products, Foray, Ativa, Break Escapes, Niceday, and Worklife through its chain of office supply stores. It also provides printing, reproduction, mailing, shipping, and other services, as well as personal computer support and network installation service. As of December 25, 2010, this division operated 1,147 office supply stores in the United States and Canada. The company?s North American Business Solutions division sells nationally branded and private brand office supplies, technology products, furniture, and services to small- to medium-sized customers through a dedicated sales force, catalogs, and Internet. Its International division sells o ffice products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores using a mix of company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. As of December 25, 2010, it sold its office products to customers in 53 countries in North America, Europe, Asia, and Latin America. This division operated, through wholly-owned or majority-owned entities, 97 retail stores in France, Hungary, South Korea, and Sweden; and participates under licensing and merchandise arrangements in South Korea, Thailand, India, Israel, Japan, and the Middle East. The company was founded in 1986 and is headquartered in Boca Raton, Florida.

Advisors' Opinion:

• [By Jeff Reeves]

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  Best Stocks to Buy for Around $5: Office Depot (ODP)

  While the office supply game surely isnt what it used to be thanks to e-commerce and online orders, there is hope! for fallen giant Office Depot (ODP).

• [By Rich Bieglmeier]

  Office Depot Inc. (NYSE:ODP) will announce first quarter 2014 results for the fiscal period ending March 29, 2014 on Tuesday, May 6, 2014. A conference call to discuss the results will be held that day at 9:00 a.m. Eastern Time.

• [By Rich Duprey]

  Ever since private-equity firm Starboard Value became Office Depot's (NYSE: ODP  ) largest shareholder late last year, the two have been butting heads over replacing the company's board members. A court ruling firmly setting the date of the office-supply retailer's annual meeting has both sides claiming victory.

• [By Holly LaFon]

  The companys primarily competitors are Office Depot (ODP), United Stationers (USTR) and Office Max (OMX). Staples has the best gross margins of its competitors, at greater than 26%, and the only one to increase its book value per share since 2001.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-promising-stocks-to-invest-in-2015.html