Latest Articles
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Why Best Buy’s Stock Price Has Risen By Over 200%
With over 1.6 billion visits to its websites and stores every year, Best Buy (NYSE:BBY) is the largest specialty retailer of consumer electronics in the U.S. and operates stores in Canada, China and Mexico as well. The growing competition from r...
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Best Buy’s Worth $26: Factors Behind Our Revised Price Estimate
We recently revised our price estimate for electronics retailer Best Buy (NYSE:BBY) from $21.64 to $26.21, a 25% increase. The company reported its third consecutive quarter of better than forecast earnings and posted its first quarterly profit ...
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The Most Overpriced Stock of 2013?
Submitted by Wall St. Daily as part of our contributors program Best Buy ( BBY ) is crushing it this year. Shares are up almost 160% year to date. The company has its new CEO, Hubert Joly, to thank for the growth. He has cut costs dramatically...
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Best Buy’s Earnings Improve On Its Turnaround Strartegy
Electronics retailing giant Best Buy (NYSE:BBY) reported its third consecutive quarter of better than forecast earnings and posted its first quarterly profit in a year, in Q2 2014. With over 1.6 billion visitors to its websites and stores every ...
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Best Buy’s Earnings: Turnaround Will Not Show Big Gains Just Yet
Electronics retailing giant Best Buy (NYSE:BBY) will report its Q2 2014 earnings on August 20. With over 1.6 billion visitors to its websites and stores every year Best Buy is the largest specialty retailer of consumer electronics in the U.S. How...
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Best Buy’s $21 Price Estimate: Key Business Trends To Watch
Best Buy (NYSE:BBY) is one of the leading retailers of consumer electronic products with stores in the U.S., Canada, China and Mexico. It entered into a joint venture with Carphone Warehouse in 2008 to tap the growth potential in Europe but exite...
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Best Buy Partners With Microsoft To Open In-House Stores
After its partnership with Samsung, electronics retailing giant Best Buy (NYSE:BBY) has now teamed up with Microsoft to open the latter’s stores within the company’s brick-and-mortar outlets. Microsoft will be the third tech giant af...
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Best Buy Overhauls Rewards Website To Spur Online Sales
Best Buy (NYSE:BBY) is looking at integrating its customer loyalty program Rewards Zone with its website bestbuy.com, in order to enhance customer experience and drive sales. It wants to encourage shoppers to write product reviews or post about i...
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Best Buy Shows A Loss And Warns Of Further Short Term Pain
Electronics retailing giant Best Buy (NYSE:BBY) announced its Q1 results on May 21. The company reported revenues of $9.4 billion, lower than $10.4 billion recorded in the comparable period last year. However, the figure excludes the result from...
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Is Wal-Mart Stock in Danger of a Pullback?
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By Sasha Cekerevac We all know that the stock market has moved up significantly over the past few months. The real question is: is the move up based on the...
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One Sports Car Stock That’s Shocking the Market
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By George Leong A year ago, I was able to take a close look at a cool-looking electric-powered sports car. I even got to sit in it. I noticed that it was ...
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How Understanding the Investment Climate Equals Stock Market Success
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By George Leong If you invested all of your money in the stock market, you would be exposed to extraordinary risk of a market retrenchment. Of course, you...
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SEC Raises Requirement for Chinese Companies for U.S. Listings; Chinese Companies Looking Elsewhere
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By George Leong Chinese initial public offerings ( IPOs ) could be hot again this year, but don’t look to America as the breeding grounds: the flow t...
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How Much Will Best Buy’s Turnaround Efforts Lift Earnings?
Electronics retailing giant Best Buy (NYSE:BBY) will announce its Q1 results on May 20. We expect the company to report better year-over-year revenues largely due to its price matching policy. However, margins could come in lower due to aggressi...
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Best Buy Exits Europe With Stake Sale In Joint Venture With Carphone Warehouse
Electronics retailer Best Buy (NYSE:BBY) has announced that it is selling its 50% stake in Best Buy Europe, the joint venture with Carphone Warehouse Group (CPW), Europe’s biggest independent mobile phone retailer. Best Buy Europe consists...
