Buy, Sell or Hold: Best Buy Company Inc (BBY-N) — Stock Predictions at Stockchase

NYSE:BBY

74.69

3.40 (4.77%) 1d

Showing 1 to 15 of 47 entries

BUY

AHY: Accidental high-yielding stocks that have fallen so far that their dividends now pay huge. He's gun-shy retail, and BB has plunged from $142 last November to $85 today. Pays a 4.16% yield. Their near-term numbers are less than ideal, but managers have announced positive guidance through more services. Trades at only 8x earnings, maybe the cheapest ever. Shares are so low they are de-risked.

specialty stores

DON'T BUY

It reports Thursday. It got punished last time by reporting smaller margins due to supply shortages. But he expects them to turn it around. They're well run. However, people won't buy big TVs, because they'll be travelling instead. There are better stocks.

specialty stores

BUY

It's all right. Pays a 3% yield. They'll have a good quarter. Some feel that we've bought all the computing equipment we need to work from home, but that's wrong. He's puzzled why shares are below $100. Should be higher. Good balance sheet and great supply chain.

specialty stores

PAST TOP PICK

(A Top Pick Jun 22/21, Down 11%) Their Q4 was considered soft, but it still beat earnings by 7%. Operating costs went up due to advertising and supply chain. Still a buy for him. They just bought Current Healthcare to create its own telemedicine focused on seniors' care, a growth area, called Best Buy Health. Good valuation, strong earnings and revenues growth in 2022.

specialty stores

HOLD

Either buy or hold. Don't sell--shares are too low.

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BUY

There have been crazy moves in the market lately. Best Buy rose 35% over two months, then surrendered half those gains instantly. There's a lot of oddness in the market but it will fade once we get over these supply chain bottlenecks, and those stocks will reverse course.

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BUY

They report Tuesday. He expects it to tell great stories and won't terrify with any stories about supply-chain woes.

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BUY

They were prepared for supply chain disruption that the economy is facing now. Also they offered new services, like IT support for those working from home. And the Delta variant has peaked, so the great reopening trade is back on.

specialty stores

BUY

It's invested a lot in digital retail and started a membership club that will take care of all home office tech support needs. Likes it in the retail space.

specialty stores

BUY

The stock has doubled since March 2020, but the company continues to grow. Comp sales are strong across all categories. This has plenty of upside to come.

specialty stores

BUY

Allan Tong’s Discover Picks Best Buy is trading only $6 lower than its average price target of $116. Even though the wind is at its back, it’s likely wise to wait for a pullback before entering or adding more. Existing shareholders have been rewarded with a 74.56% total one-year return at a 3.53% profit margin and a 17.35x PE. Read BBY Stock, HD Stock and CFP Stock: Top 3 Stocks for the Homebody Trend for our full analysis.

specialty stores

BUY

They will survive because they have a fine, thriving online operation and people are buying online now. That said, he's not a fan of retail stocks of any sort, anywhere. Best Buy is very well-run. Kudos for its online sales.

specialty stores

DON'T BUY

There is a pattern that could be called a Double Top, and from there it has been in a downtrend. You have lower highs and lower lows. Until the stock starts to consolidate, with no more lower highs or lower lows, and breaks past the last high and past the 200-day moving average, you are not in an uptrend.

specialty stores

PAST TOP PICK

(A Top Pick March 3/14. Up 41.1%.) A turnaround story. They were suffering a little bit from a competitive gap.

specialty stores

PAST TOP PICK

(Top Pick Mar 3/14, Up 64.50%) It is a turnaround story. They are comparable with any on-line retailer. This is a well run store and they match any price you might have on a comparable item.

specialty stores

Showing 1 to 15 of 47 entries

Best Buy Company Inc(BBY-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 10

Stockchase rating for Best Buy Company Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Best Buy Company Inc(BBY-N) Frequently Asked Questions

What is Best Buy Company Inc stock symbol?

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

Is Best Buy Company Inc a buy or a sell?

In the last year, 10 stock analysts published opinions about BBY-N. 8 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.

Is Best Buy Company Inc a good investment or a top pick?

Best Buy Company Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Best Buy Company Inc.

Why is Best Buy Company Inc stock dropping?

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.

Is Best Buy Company Inc worth watching?

10 stock analysts on Stockchase covered Best Buy Company Inc In the last year. It is a trending stock that is worth watching.

What is Best Buy Company Inc stock price?

On 2022-06-24, Best Buy Company Inc (BBY-N) stock closed at a price of $74.69.

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