Investment analyst André Rouillard sat down for an interview with Chuck Jaffe of MoneyLife and MarketWatch.com to discuss our Danger Zone call for the week of March 30.
Wayfair is one of the world’s largest online retailers dedicated to home décor and products. The company sells furniture, kitchenware, bed and bath products, and other housewares. The company has developed proprietary technology that mostly eliminates the need for inventory and allows it to ship orders directly from its suppliers.
Wayfair went public in October for $29/share in an IPO that was largely overshadowed by the Alibaba (BABA) IPO. Shares are currently at $31, but we think that little more than speculation is propping up this company’s crazy valuation.
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