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Geeknet, Inc. (GKNT) [hlAlert]

Rating:
Buy GKNT
up 3.73 %

Geeknet, Inc. (GKNT) rated Buy with price target $20 by The Benchmark Company

Posted on: Friday,  Aug 2, 2013  11:25 AM ET by The Benchmark Company

The Benchmark Company rated Buy Geeknet, Inc. (NASDAQ: GKNT) on 08/02/2013. Previously The Benchmark Company rated Buy Geeknet, Inc. (NASDAQ: GKNT) on
08/03/2012., when the stock price was $19.26. Since then, Geeknet, Inc. has gained 3.74% as of 07/16/2015's recent price of $19.98.
If you would have followed the previous The Benchmark Company's recommendation on GKNT, you would have gained 3.73% of your investment in 1077 days.

Geeknet, Inc. (Geeknet) is an online network for the global geek community, which is consisted of technology professionals and general consumers of technology-oriented goods, services and media. Its Websites include: SourceForge, Slashdot, ThinkGeek and freshmeat. The Company provides audiences with content, culture, connections and commerce. Its business consists of two operating segments: E-commerce and Media. Its E-commerce segment sells geek-themed retail products to consumers through its ThinkGeek Website. Its Media segment is consisted of a network of Websites targeted at the global geek community. In May 2010, the Company acquired Geek.com. On September 30, 2010, the Company sold Ohloh Corporation (Ohloh), including the developed technology and related equipment required to operate the Website to Black Duck Software, Inc. (Black Duck). On December 31, 2010, the Company sold he Geek.com business to Ziff Davis, Inc.

The Benchmark Company 's Equity Research team is one of the most experienced on the Street. Our analysts average almost two decades of sell-side research experience and many have substantial experience in the industries they cover as well. Our people give us the ability to deliver insightful and unique research seasoned by the experience of having lived through multiple bull and bear markets, and having covered their companies longer than most of their peers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2013 11:25 AM Buy
None
14.68 20.00
as of 12/13/2013
1 Week down  -2.30 %
1 Month down  -6.18 %
3 Months up  15.83 %
1 YTD up  13.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2012 8:25 AM Buy
None
19.26 22.00

(*) Stock Price at the time of the recommendation.
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