Barnes & Noble Education: 4x EBITDA, Growing 20% In A Moat Industry
Seeking Alpha·2026-01-08 06:00

Core Viewpoint - The article introduces DAC Research as a new contributing analyst for Seeking Alpha, encouraging readers to share their investment ideas for publication and potential earnings [1]. Group 1 - The author emphasizes a strategy focused on investing in deeply out-of-favor companies with minimal analyst coverage, aiming for a 30% compound annual growth rate (CAGR) over the last five years without leverage [2]. - The preference for low-debt companies is highlighted, indicating a cautious approach to financial risk [2]. - The author references a fictional character known for successful investments, contrasting it with their own investment journey, which reflects a realistic perspective on investment challenges [2]. Group 2 - The article includes a disclosure stating that the author holds a beneficial long position in the shares of BNED, indicating a personal investment interest [3]. - It clarifies that the article expresses the author's own opinions and is not compensated beyond Seeking Alpha, ensuring transparency in the analysis [3]. - Seeking Alpha's disclosure notes that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [4].