Top 5 Defensive Companies To Own For 2016

Top 5 Defensive Companies To Own For 2016: Overstock.com Inc.(OSTK)

Overstock.com, Inc., together with its subsidiaries, operates as an online retailer offering discount brand name, non-brand name, and closeout merchandise in the United States and internationally. The company?s merchandise include bed-and-bath goods, furniture, home decor, kitchenware, watches and jewelry, shoes, electronics and computers, sporting goods, apparel, designer accessories, home and garden products, media, music, luggage, health and beauty products, baby products, crafts and sewing products, office products, gifts and flowers, toys and hobbies, and pet products. It also operates online car listing service that allows sellers to list vehicles for sale and allows buyers to review vehicle descriptions; travel shopping site, which offers discount travel packages, flights, rental cars, and other travel-related products and services; and insurance shopping service for auto and home insurance, as well as provides books, magazines, CDs, DVDs, and video games. The comp any markets its products and services through its operating Internet websites, which include overstock.com, o.co, and o.biz. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is based in Salt Lake City, Utah.

Advisors' Opinion:

• [By batbeer2]

  Every week, Sam Antar or Gary Weiss will find something amiss with Overstock (OSTK). These two bloggers, combined, must be spending at least 16 hours a week researching and writing about a $125 million stock. According to their disclosures, they have no position.

• [By MONEYMORNING.COM]

  DISH and Expedia join Overstock.com Inc. (Nasdaq: OSTK), which started accepting Bitcoin back in January.

  Overstock's success with Bitcoin is sure to encourage other merchants to at least consider accepting the digital currency.

• [By MONEYMORNIN! G.COM]

  On Monday, Overstock.com, Inc. (Nasdaq: OSTK) Chief Executive Officer Patrick Byrne made the stunning announcement that his proposal to build a stock exchange based on Bitcoin technology had graduated from a wiki page to an actual project called "Medici."

• [By John Udovich]

  Yesterday, small cap online discount retailer Overstock.com, Inc (NASDAQ: OSTK) went onsale by 22.28% after announcing a disappointing earnings report which seemed to lack much management commentary, meaning it might be time to see whether its worth buying the stock given the new discount plus take a look at its performance verses that of other discount retailers like small cap Big Lots, Inc (NYSE: BIG), large cap Ross Stores, Inc (NASDAQ: ROST) and the big kahuna of online retail, Amazon.com, Inc (NASDAQ: AMZN).

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-defensive-companies-to-own-for-2016.html