3 Things Eastman Kodak Stock Bulls Need to Happen Soon
Many companies have had to make massive shifts to their business models as times have changed. For Eastman Kodak (NYSE: KODK), the advent of digital cameras threatened to destroy its primary specialty, as many photo enthusiasts no longer needed or wanted the film Kodak was famous for. Kodak's shift toward embracing digital photography was only partially successful, and the company's 2012 bankruptcy filing wiped out shareholders.
Since then, Eastman Kodak has concentrated largely on corporate digital imaging. However, late last month, Kodak got a loan from the U.S. government to take its business in an entirely different direction.
The stock surged in response, as hopeful shareholders looked forward to seeing the next stage of Kodak's evolution. Yet in order to justify the recent stock gains, Kodak will have to move aggressively -- and three things, in particular, loom large in its near future.
Source Fool.com
