This summary was created by AI, based on 5 opinions in the last 12 months.
The experts are divided on their views regarding Best Buy Company Inc. Some believe that the company will benefit from the PC refresh cycle starting in July, while others are cautious about the tough electronics market and declining sales. There is uncertainty about the company's performance in the upcoming quarter and its ability to turnaround soft sales. Overall, there seem to be mixed opinions on the future prospects of BBY-N.
It reports Thursday. Shares have been struggling, but Best Buy will benefit if the next wave of PCs integrate AI--this should be the biggest PC-refresh cycle in history. BBY is hurt by a lack of turnover in housing.
The PC refresh cycle will start in July and will drive BBY higher. Go long on this.
It reports Thursday and it may not be that good, but Nvidia's Jensen Huang forecasts a new PC cycle. People buy PCs from BBY. Maybe buy BBY after this quarter.
Reports this week. Electronics has been tough this past year, thought he thinks PC sales are bottoming. Despite paying a 5.5% dividend. Expect 1-2 more quarters of soft sales before this turns around.
They've had seven quarters of declining sales. When this reports, will BB get a Target-like market reaction (low expectations, beats, so a strong rally) or will BB get Amazon'd?
Best Buy Company Inc is a American stock, trading under the symbol BBY-N on the New York Stock Exchange (BBY). It is usually referred to as NYSE:BBY or BBY-N
In the last year, 3 stock analysts published opinions about BBY-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Best Buy Company Inc.
Best Buy Company Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Best Buy Company Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Best Buy Company Inc In the last year. It is a trending stock that is worth watching.
On 2024-10-07, Best Buy Company Inc (BBY-N) stock closed at a price of $97.82.