For a short while the answer was a solid “yes.” Soon after the company’s earnings call this morning, however, the answer turned into a solid “no.” The early gains of 5% in BBY stock have turned into a loss of 10% in response to a warning …
On Tuesday, shares of electronics and appliance retailer Best Buy Co. BBY are plummeting, down about 11% in morning trading after the company reported its latest quarterly earnings results. Interestingly, Best Buy posted strong results …
He maintained BBY stock at “hold,” and kept a $60 price target that assumes all upside is more than baked in. While Best Buy shares still trade at a reasonable 15 times forward earnings estimates and just half trailing 12-month sales, their 45 …
One stock that might be an intriguing choice for investors right now is Best Buy Co., Inc. BBY. This is because this security in the Retail - Consumer Electronics space is seeing solid earnings estimate revision activity, and is in great …
Best Buy Co Inc (NYSE:BBY) CEO Hubert Joly is the Rodney Dangerfield of CEOs because he gets no respect. BBY stock investors, though, can still profit from this oversight. Source: Austin Kirk via Flickr When the Frenchman was …
Now that we are comfortably on the other side of first-quarter earnings season, we can take some time to reflect on the latest results. It was a pretty solid season overall, and investors are continuing to trade with confidence. However, it …
Best Buy Co Inc (NYSE:BBY) is the last-standing major electronics and large appliances retailer in the U.S. For a while it didn’t look like any of these stores were going to make it. Source: Austin Kirk via Flickr HHGregg went down, as did …
Retail stocks were monkey-hammered Monday, big league. And that’s creating an opportunity for traders willing to play despite the devastation. The two areas that look the most interesting are the SPDR S&P Retail ETF (NYSEARCA:XRT) …