-
Best Buy Has Survived And Thrived In The E-Commerce Revolution
Tuesday, August 29, 2017 - 3:24pm | 786Best Buy Co Inc (NYSE: BBY) shares slumped 12 percent Tuesday after the company reported second-quarter earnings that handily topped consensus estimates. Traders appear to be taking profits on Best Buy, one of the largest positive surprises in the entire retail sector in 2017. Despite the post-...
-
Wall Street Vet: Best Buy Is At A 'Very Challenging Level Of Resistance'
Thursday, March 5, 2015 - 9:38am | 276Timothy Anderson of MND Partners said that shares of Best Buy Co Inc (NYSE: BBY) are at a "very challenging level of resistance" following its fourth quarter results. "Let's recall that Best Buy was totally left for dead at the end of 2012 as a victim of a doomsday brick and...
-
Best Buy or HH Gregg: Which is the Better Bet?
Tuesday, January 14, 2014 - 6:20pm | 492Just over a year ago, many analysts were writing off electronics mega-retailer Best Buy (NYSE: BBY) for dead. The company, like many retailers, faced increasing pressure from online retailer Amazon.com and auction site Ebay.com. Things seemed dismal, despite the fact Best Buy's main...
-
Steve Ballmer Makes For A Convenient Distraction From Microsoft's Real Problem
Tuesday, August 27, 2013 - 4:30pm | 1267Last week, Microsoft CEO Steve Ballmer announced he was retiring. Microsoft's (NASDAQ: MSFT) stock, which has been dead money for 14 years, jumped 7.3 percent on the news as if Microsoft's problems are largely due to incompetence at the top, and now that a new leader will be brought in, the...
-
More than 40% of Consumers Have "No Need" for Best Buy
Tuesday, November 13, 2012 - 3:18pm | 418Yahoo Finance (NASDAQ: YHOO) recently asked its readers about their thoughts on big box retailers, particularly Best Buy (NYSE: BBY). "Best Buy holds its investor meeting today. The stock is down 40% in a year. Will you visit a big box store this holiday season?" The results are quite devastating...