Best Buy
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Big Box Retailer Back On Track?
By Marshall Hargrave - April 8, 2013 | Tickers: BBY, GME, RSH
Best Buy (NYSE: BBY) appears to be back on the road to glory, question is where does the road end? The company is up over 100% year to date, with the big news of late being the fact that Best Buy is looking to open up mini-Samsung stores inside its locations, sending shares up 10% in a single day. However, will the idea of having Samsung stores really add that more » -
Who Would Have Guessed…Best Buy Best S&P Performer
By Diane Alter - April 6, 2013 | Tickers: AMZN, AAPL, BBY
No question, it’s been a crazy ride for stocks since the start of the year. Unprecedented gains have taken the Dow Jones Industrial Average and the Standard & Poor’s 500 Index to record territory on more than one occasion. While market participants expected the benchmarks’ milestones, what wasn’t expected was Best Buy Co.’s (NYSE: BBY) impressive performance.
The big-box retailer was left for dead at the start more »
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Best Buy’s New Strategy Is a Game Changer
By Salvatore "Sam" Mattera - April 6, 2013 | Tickers: BBY, GOOG, MSFT
I changed my mind about Best Buy (NYSE: BBY) on Thursday. For months I've been bearish on the company, believing that their business model had become obsolete. But the retailer’s decision to partner with Samsung is a game changer, and if the company can work out similar deals with other device makers, it could have a bright future.
Best Buy CEO Hubert Joly channels his inner Ron Johnson more »
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Performance Does Not Indicate Value for these Two Retailers
By Brian Nichols - April 5, 2013 | Tickers: BBY, JCP
When Ron Johnson first came to J.C. Penney (NYSE: JCP) with his “retail success”, there were a lot of people confident in his ability to create the next Sears. Since his tenure began, the stock has lost 50% of its value, including 23% this year. On the other hand, fellow retailer Best Buy (NYSE: BBY) has gained more than 110% in 2013, and is staging what looks like a more »
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Is Amazon Really Denial
By Eric Whiteside - April 5, 2013 | Tickers: AMZN, BBY, GOOG
Are the holders of Amazon.com (NASDAQ: AMZN) stock really in denial regarding the earnings potential of this internet retail giant? It would seem so from a rational view point. The current price to earnings ratio is ridiculous.
The average figure for analyst forecasts is for earnings to be $1.48 per share for 2013 and rising to $3.58 for 2014. Granted Amazon still seems to be increasing revenue more »
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How Samsung Could Save Best Buy
By Leo Sun - April 5, 2013 | Tickers: AMZN, AAPL, BBY, RSH, SSNLF
Big box electronics retailer Best Buy (NYSE: BBY) rallied 16% on April 4, after it made two major announcements - that it would open Samsung boutiques and sell Apple’s (NASDAQ: AAPL) previous generation iPad 3 tablets at a 30% discount. These two catalysts were enough to propel Best Buy shares towards new 52-week highs.
Should investors chase this soaring stock, or has nothing about Best Buy - which is still down more »
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Samsung's Help Can't Save Best Buy
By Jordan Wathen - April 4, 2013 | Tickers: BBY, GOOG, SSNLF
Which unlikely stock is up more than 100% this year? That's Best Buy.
Yes, that Best Buy (NYSE: BBY) – the one that was presumed to be dead on arrival this time last year.
Now it has a way to turnaround its stores. The company announced an agreement with Samsung to open stores within existing locations. New “Samsung Experience Stores” will pop up in more than 1400 full-size Best Buy more »
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Don't Get Too Excited Yet
By Chad Henage - April 4, 2013 | Tickers: AMZN, BBY, EBAY, GME
I've been a staunch supporter of GameStop (NYSE: GME) for a while now. In March of last year, I wrote that the massive short interest in the company didn't seem to make sense. At the time, I tried to debunk the myth that GameStop would lose to Amazon by comparing prices for some popular consoles and games. In a prior article, I also found the company was cash more »
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GameStop: Still In Business?
By Sajid Karsan - April 3, 2013 | Tickers: BBY, GME, WMT
GameStop (NYSE: GME) has been one of the more controversial stock ideas I've written up on this site. Today, however, the stock is up almost 70% since it was first written up on this site. As such, GameStop becomes the latest company to join this site's Value In Action page.
GameStop is easily one of the most controversial companies I've ever written up. Right from my first more » -
How Did Conn's Conquer its Big Box Rivals?
By Leo Sun - April 3, 2013 | Tickers: BBY, CONN, RSH
Shares of electronics and appliance chain Conn’s (NASDAQ: CONN) soared on April 3, after the Beaumont, Texas-based company followed up its mixed fourth quarter earnings report with sparkling guidance for fiscal 2014.
Just how did Conn’s, which has risen more than 100% over the past twelve months, manage to escape the dire fate of big box industry peers Best Buy (NYSE: BBY) and Radio Shack (NYSE: RSH)?
The more »
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DON’T WRITE OFF GROUPON JUST YET
By Shas Dey - April 3, 2013 | Tickers: AMZN, BBY, EBAY, GOOG, GRPN, TRIP
Groupon (NASDAQ: GRPN) is a global leader in the local e-commerce industry, offering online retail services. The stock of the widely popular deals site has lost over 70% in value from its November 2011 IPO price of $20. The Chicago-based company has booked profit just once since going public and is struggling to cope with the market expectations to ramp up sales. But don’t write off the stock yet more »
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Retail Turnarounds Can Be Good Speculative Plays
By Bob Chandler - April 2, 2013 | Tickers: BBY, KSS, SPLS
Turning around a bad retail situation is a difficult task. The odds are very much against a broken store operator regaining its former glory, and a single management misstep could initiate a crisis that ends up in bankruptcy. On the other hand, shareholders can benefit greatly if a turnaround is successful. Even a stabilization of an under-performing retailer’s operations can provide good returns.
Cash: An excellent indicator of turnaround more »
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The Flawed Logic of Best Buy Bears
By Timothy Green - April 1, 2013 | Tickers: AMZN, BBY
The sheer volume of articles written about various stocks each and every day almost guarantees that a significant portion of that writing will be complete and utter nonsense. Common offenses include cherry-picking numbers, making arguments that even a fourth grader could see through with ease, and showing a plot of the stock price and claiming it proves something.
Best Buy (NYSE: BBY) is a good example of a stock which more »
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This Quarter's Top S&P Stocks - Where to From Here?
By Ash Anderson - March 30, 2013 | Tickers: BBY, HPQ, NFLX
As we round out this first quarter of 2013, I think now is as good a time as any to take a look at the S&P’s best performers so far. At the time of writing there are eleven companies that have managed to grow more than 40% year to date; that’s just phenomenal.
In order to make this article worth reading we’re going to have to more »
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Is Best Buy a Housing Play?
By Salvatore "Sam" Mattera - March 28, 2013 | Tickers: BBBY, BBY, WSM
The incredible run in Best Buy (NYSE: BBY) shares over the last few months could be foolish optimism, or the belief that new CEO Hubert Joly has the skills to turn the situation around. But there could something more fundamental; with the US housing market rebounding, is Best Buy poised to bounce back?
Best Buy continues to face significant threats
Despite its recent rally, with shares nearly doubling in 2013 more »
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Best Buy Getting Back to Retail Basics
By Peter Pham - March 28, 2013 | Tickers: BBY, MCD, YHOO
Following in Yahoo’s (NASDAQ: YHOO) much publicized footsteps, Best Buy (NYSE: BBY) has decided to end its ‘work from home’ program as well. Both companies are desperate to turn things around and are looking for greater efficiency. With new leadership has come a new sense of direction and a renewed hope for shareholders, in theory at least.
Best Buy is going on a cost cutting drive and is aiming more »
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Undermanned and Understocked
By Tyler Wofford - March 27, 2013 | Tickers: AMZN, BKS, BBY, WMT
Unfortunately for many American workers, when a company needs to save on expenses, they start cutting employees. Sadly employees have become very expendable simply because the company still has to sell products. It wouldn't make sense (in many cases) to decrease shipments, supplies, or products when they can fire a few people, still sell the products, and basically have the same results. However, Wal-Mart (NYSE: WMT) might be over-steering more »
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Investors Should Ignore Working From Home, Commute Controversy
By Salvatore "Sam" Mattera - March 27, 2013 | Tickers: BBY, JCP, YHOO
In recent months, a number of companies have faced criticism over their work policies. Yahoo! (NASDAQ: YHOO), J.C. Penney (NYSE: JCP), and Best Buy (NYSE: BBY) have been attacked to various degrees on decisions about when, and where, their employees can live and work. While these stories might make for interesting reading, should investors care?
Yahoo!, Best Buy ended working from home
Both Yahoo! and Best Buy have decided more »
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This New Legislation Could be a Game-Changer for Retail
By Robert Ciura - March 27, 2013 | Tickers: AMZN, BBY, EBAY
Online shopping is a phenomenon that has grown measurably since the dawn of the Internet, and only continues to grow. According to the U.S. Commerce Department, total e-commerce sales for 2012 were estimated at $225.5 billion, a 15.8% increase from 2011. American consumers love to shop online, for a variety of reasons. A major reason for the dramatic growth of online shopping is that online retailers often more »
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3 Factors For Amazon-Proof Retailing
By Adam Levy - March 26, 2013 | Tickers: AMZN, BBY, COST, GNC, PETM, WSM
Despite facing plenty of headwinds this year, Amazon.com (NASDAQ: AMZN) is still the biggest disrupting force in retail. Big-box retailers such as Target and Wal-Mart are certainly susceptible to the low-margin retailer that’s able to operate without the cost of physical stores. Even smaller retailers are feeling the pressure of the virtual store. There are retailers out there, however, that investors could consider “Amazon-proof.” Here are three traits more »