Best Buy Co., Inc. (NYSE:BBY)
CAPS Rating:
The Company is a specialty retailer of consumer electronics, home-office products, entertainment software, appliances and related services.
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The Company is a specialty retailer of consumer electronics, home-office products, entertainment software, appliances and related services.
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Recs
May get a dead cat bounce at best, otherwise the slide will continue relatively unabated due to dwindling market share (thanks to Amazon, Ebay, and other online retailers) and tightening margins. Some big box stores will survive as niche players IMO, but large national chains like BBY are a thing of the past.