Qurate RetailNASDAQ: QRTEA

The traditional business of TV shopping is at an inflection point as it competes with other retailers for consumers' discretionary spending and the entertainment industry for their attention. Cracks in the traditional TV shopping business model are beginning to show.

Qurate Retail's situation has improved thanks to operational improvements, the divestiture of an unprofitable division, and careful cash management. QRTEA's debt obligations look more manageable than they did a year ago. I'm not convinced that the company's turnaround is complete, but I'm optimistic enough to make Qurate a full position in my portfolio.

Qurate Retail's (QRTEA) fourth-quarter 2023 results are likely to reflect strength in gardening, food and kitchen, and home decor categories.

Qurate Retail has given good guidance for Q4. Projections put the company on stable footing going into 2025 and solve many of the debt issues. We view the common and preferred shares as undervalued.

Michael Burry has invested in Qurate Retail, betting on its strong cash flow and ability to pay off debts. QRTEA is a video and online commerce company that differentiates itself through live shows and exclusive sales. The company's improving fundamentals, including debt reduction and increasing customer count, suggest its turnaround plan is working.

QRTEP (QRTEA 8.00% Cumulative Preferred Shares) are misunderstood securities within the Qurate structure. The collateral currently at Q more than covers the current market price. Q has plenty of outs to move more assets to the box, thus greatly increasing potential recovery value.

Qurate Retail (QRTEA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Without question, one of the ugliest topics in the equities space involves the concept of stocks to sell. You mention that and you're bound to receive flak.

Qurate Retail, Inc. (NASDAQ:QRTEA ) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Shane Kleinstein - Vice President of Investor Relations David Rawlinson - President & Chief Executive Officer Bill Wafford - Chief Financial Officer Greg Maffei - Executive Chairman Ben Oren - Executive Vice President & Treasurer Conference Call Participants Jason Haas - Bank of America Carla Casella - JPMorgan Hale Holden - Barclays Operator Welcome to the Qurate Retail, Inc. 2023 Q3 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded, November 3.