Best Buy on Its Way to Becoming a Value Stock
Best Buy continues to struggle, but we think it will become a value stock–just not yet.
Exclusive Analysis for the Discerning Investor
Best Buy continues to struggle, but we think it will become a value stock–just not yet.
We don’t think so, but we assess the retailer after its weak second quarter results and bullish commentary from Bruce Berkowitz.
Office supply giant Staples reported weak second quarter results, and we’re worried about the firm’s business model going forward.
Macy’s reported a solid second quarter, but we think shares are fairly valued.
Amazon reported weak second-quarter results as profits plummeted and free cash flow dropped considerably. Though we have no qualms about the online retailer’s revenue expansion, we’d like to see more robust profit-generation before considering it in our Best Ideas portfolio.
Global e-commerce giant eBay reported strong second-quarter results. The firm registers a 10 on our Valuentum Buying Index, so we think it is among the best investment opportunities out there.
Appliances and electronics retailer hhgregg slashed its guidance thanks to poor TV and audio equipment sales.
Big box electronics retailer Best Buy announced that it will lay off 2,400 employees. We still aren’t excited about the company.
Google announced its Nexus 7 tablet yesterday. We don’t think the product will truly compete against the iPad or the Surface.
We take a look at the future prospects of Radio Shack and highlight how our Valuentum Buying Index helped investors avoid massive losses at the company.