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CNBC Stock Blog
*(well... that is, if your universe is the S&P 500!)
No matter... shares of Office Depot [ODP
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] are not only No. 1 today (up 20 percent) but No. 1 this week... with an astounding 118 percent gain in 5 days.
What's noteable is that ODP actually posted weak results on Wednesday, but they were pushed aside after rival Staples [SPLS
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] gave strong guidance... which was enough to rally Office Depot and Office Max [OMX
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] too.
Also worth noting:
- ODP's short interest has fallen from 10 percent to about 8 percent in October...
- It's one of the 10 smallest members of the S&P 500, with market cap of $990 million...
- And one of 20 S&P 500 index members with a share price less than $5.









