Best Buy Co. Inc. (BBY) News

Best Buy Co. Inc. (BBY): $81.90

0.31 (-0.38%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

B

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Industry: Specialty Retailers

Industry

C

Ranked

#17 of 38

in industry

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BBY News Highlights

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Latest BBY News From Around the Web

Below are the latest news stories about BEST BUY CO INC that investors may wish to consider to help them evaluate BBY as an investment opportunity.

Big Retail Gets Bigger as Smaller Players Struggle

The three biggest retailers by revenue in the U.S.— Costco Walmart and Amazon —accounted for about 11% of total retail sales back in 2014, based on their reported figures measured against national retail sales data from the Commerce Department. In their last three reported quarters, the behemoths selling everything from groceries to appliances made up about 17% of retail sales and roughly 57% of retail sales growth over that period. Grocery stores accounted for about two-thirds of food-at-home spending in the U.S. in 2000, but their share shrank to 54% in 2023, according to the U.S. Department of Agriculture.

Yahoo | January 2, 2025

U.S. Companies Vouched for China During Trump’s First Term. Not Anymore.

American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.

Yahoo | January 2, 2025

Best Buy (BBY): Buy, Sell, or Hold Post Q3 Earnings?

Since July 2024, Best Buy has been in a holding pattern, posting a small return of 4.1% while floating around $85.65. This is close to the S&P 500’s 7.5% gain during that period.

Yahoo | January 1, 2025

Are Options Traders Betting on a Big Move in Best Buy (BBY) Stock?

Investors need to pay close attention to Best Buy (BBY) stock based on the movements in the options market lately.

Yahoo | December 31, 2024

Shareholders in Best Buy (NYSE:BBY) are in the red if they invested three years ago

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Yahoo | December 31, 2024

Best Buy (BBY) Down 1.5% Since Last Earnings Report: Can It Rebound?

Best Buy (BBY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | December 26, 2024

Jim Cramer on Best Buy (BBY): AI PC a ‘Plain-Out Disappointment’

We recently published a list of Jim Cramer’s Latest Calls Before 2025 Begins: Top 10 Stocks. In this article, we are going to take a look at where Best Buy Co., Inc. (NYSE:BBY) stands against other stocks in Jim Cramer’s latest calls before 2025 begins. Jim Cramer in a latest program talked about the market […]

Yahoo | December 24, 2024

Best Buy Stock Slips 8% in a Month: Solid Bargain or Risky Bet?

The persistent slide in comparable sales underscores BBY's difficulties in stabilizing its top line amid growing competition and cautious consumer spending.

Yahoo | December 23, 2024

Jim Cramer Says Best Buy Co., Inc. (BBY) Has Been A ‘Decent Stock’ For Him

We recently compiled a list of the Jim Cramer Latest Stocks: 23 Stocks He Just Talked About. In this article, we are going to take a look at where Best Buy Co., Inc. (NYSE:BBY) stands against the other stocks Jim Cramer recently talked about. With the Federal Reserve’s December meeting over, Wall Street has now shifted […]

Yahoo | December 20, 2024

Evercore sees upside for Target, Best Buy on holiday shopping trends

Investing.com -- Evercore ISI initiated positive tactical calls on Target Corporation (NYSE:TGT) and Best Buy Co Inc (NYSE:BBY) on improved holiday shopping trends and favourable spending intentions in key categories.

Yahoo | December 18, 2024


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