29 02, 2024

Best Buy Gets a Boost on Earnings, But is it Time to Buy This Stock? 3 Things for Investors to Consider

By |2024-02-29T17:28:43+00:00February 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , , |

Best Buy (BBY) delivered impressive holiday quarter earnings that beat analyst expectations, giving the stock a 5% boost so far Thursday. It’s on track for its best performance since November 2022. The company’s dwindling sales have been a burden for some time, but it appears as if things are finally trending back in the [...]

29 08, 2023

Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?

By |2023-12-07T19:53:35+00:00August 29th, 2023|Categories: Earnings Announcements, Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Best Buy (BBY) reported second-quarter earnings early this Tuesday morning that topped the analysis consensus. And yet, the key takeaway from the earnings call is that the electronics retailer is struggling beneath the surface. After the company strategically set low expectations for this quarter way back in May, the consensus remained low - setting [...]

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