A report on a furniture retailer took center stage this week. We posit that multibagger returns exist for the stock over the long run  However, we also believe that the stock has some nice upside in the near-term, even though it is up by 4x over the last year.  We looked at 15 stocks trading in the U.S. in the furniture retail and manufacturing space of varying sizes. P/Es ranged from around 15 to 30, compared to this stock selling at a meaningfully lower trailing twelve-month P/E. So, based on this observation, we believe it has some nice upside potential in the short run. When you also consider that this company has a clean balance sheet and is focusing heavily on its online business, we feel it can trade at the higher end of this valuation range. You can see this article at GeoInvesting Pro Portal by subscribing below.

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