Best Buy Story Overview

BBY -- USA Stock  

USD 72.99  0.84  1.14%

Macroaxis News
  
By Nathan Young

Big box retailer Best Buy is preparing for the biggest single day in retail. Best Buy is an electronics store that sells anything from batteries to large screen televisions. For those familiar, this space faced troubles with Radio Shack and Circuit City, both falling to bankruptcy. This is attributable to online sales increasing, but despite the increase in e-commerce, Best buy has been able to survive.

Retail
Fama & French Classification
Best Buy Gears up for the Biggest Day of the Year with Black Friday Sales

Best Buy has been compared to a showroom as many go there to test products and buy online. That being said, the company is slowly adjusting and maintaining their spot in the market. Recently, the company declared a dividend of $0.34 a share, which is inline with their last dividend. As with many retailers, given the current state of the sector, investors are approaching this stock cautiously.




Hubert Joly, the Best Buy chairman and CEO stated the third quarter presented strong top and bottom line numbers. The company is maintaining their progress towards a 2020 strategy, which means investors can rest a little easier. Two factors that were a negative impact on the company were less than anticipated cell phones launces as well as the natural disasters that have taken place several weeks ago.  

Looking at a chart, the last year has proven to be profitable for investors, along with the dividend that is given. Despite a slow down in the retail space, the company continues to deliver for investors. As with many, this is going to be a critical quarter ahead.  

Online giant Amazon is making it difficult for Best Buy to continue, but the company seems to have a plan. One aspect of stores many fail to take advantage of is the price match. Many companies will gladly price match if you can prove there is a less expensive option for the same exact product.  

If you are a current investor, the big thing is to monitor this last quarter and understand how Best Buy performs. It shouldn’t come as a surprise if the numbers are lower because it could be indicative of the macroclimate of the sector. For those who are looking for an investment opportunity in Best Buy, look and see if the stock is trading at a discount. Also, be aware of the market and understand how the retail sector is doing as a whole. Best Buy continues to press on despite rivals filing bankruptcy, and that should speak to the solidity of the company.

Story Momentum

This article from Macroaxis published on 21 of November contributed to the next trading period price escalation.The overall trading delta to the next next day price was 0.77% . The overall trading delta when the story was published to current price is 33.23% .

Similar stores for Best Buy

a day ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
Macroaxis News
Filed transaction by Best Buy Co Inc officer. Unconventional Insider trading
few days ago at www.macroaxis.com 
Acquisition by Lisa Caputo of 2649 shares of Best Buy subject to Rule 16b-3
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Filed transaction by Best Buy Co Inc director. Grant, award or other acquisition pursuant to Rule 16b-3
over a week ago at www.macroaxis.com 
Sale by Mohan Rajendra M of 1736 shares of Best Buy
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Filed transaction by Best Buy Co Inc officer. General open market or private sale of non-derivative or derivative security
over a week ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
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Filed transaction by Best Buy Co Inc officer. Unconventional Insider trading
over a week ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
Macroaxis News
Filed transaction by Best Buy Co Inc officer. Unconventional Insider trading
over two weeks ago at www.macroaxis.com 
Sale by Mathew Watson of tradable shares of Best Buy
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Filed transaction by Best Buy Co Inc officer. General open market or private sale of non-derivative or derivative security
over two weeks ago at www.macroaxis.com 
Sale by Mathew Watson of tradable shares of Best Buy
Macroaxis News
Filed transaction by Best Buy Co Inc officer. General open market or private sale of non-derivative or derivative security
over three weeks ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
Macroaxis News
Filed transaction by Best Buy Co Inc director. Unconventional Insider trading
over three weeks ago at www.macroaxis.com 
Sale by Bradbury Anderson of 200 shares of Best Buy
Macroaxis News
Filed transaction by Best Buy Co Inc director. General open market or private sale of non-derivative or derivative security
over three weeks ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
Macroaxis News
Filed transaction by Best Buy Co Inc director. Unconventional Insider trading
over a month ago at www.macroaxis.com 
Sale by Mathew Watson of 2131 shares of Best Buy
Macroaxis News
Filed transaction by Best Buy Co Inc officer. General open market or private sale of non-derivative or derivative security
over two months ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
Macroaxis News
Filed transaction by Best Buy Co Inc director. Unconventional Insider trading
over three months ago at www.macroaxis.com 
Best Buy exotic insider transaction detected
Macroaxis News
Filed transaction by Best Buy Co Inc officer. Unconventional Insider trading

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Retained Earnings

Retained Earnings Comparative Analysis

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Best Buy is currently under evaluation in retained earnings category among related companies. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Check also Best Buy Hype Analysis, Best Buy Correlation and Best Buy Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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