Best Buy: AI Demand Is Recharging the Electronics Upgrade Cycle
Best Buy(BBY) MarketBeat·2024-10-08 19:45
Best Buy TodayBBYBest Buy$97.82 -1.79 (-1.80%) 52-Week Range$62.30▼$103.71Dividend Yield3.84%P/E Ratio17.13Price Target$102.41Add to WatchlistBuy Best Co. Inc. NYSE: BBY is a leading big-box retailer of consumer electronics products and services. The company's physical stores average 36,800 square feet, which has actually been shrinking. Its year-over-year (YoY) sales have also been shrinking. Still, ironically, its profits have been improving for the past five years, driven by solid cost containment, membe ...