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Should I buy a 1000 shares of La-Z-Boy (LZB) stock or just a recliner?

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  • 1 decade ago
    Favorite Answer

    Hard to say. The numbers look bad with this stock and it is going to get worse over the short term. There is negative growth and a high debt to equity. My fear with a stock of this price point is that it will go into bankruptcy. Circuit City was about 60 cents in October (pre-bankruptcy) and it was a national name.

    It just depends on how much a risk-taker you are. You could make huge gains or your could lose the cash. You just have to play it right.

  • 1 decade ago

    I personally would buy the shares, the market will go back up.

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