Best Buy’s Stock Still Attractive At $118?
- Thursday, October 15, 2020, 7:21
- Market
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Best Buy’s stock is up around 35% to around $118 levels year-to-date, compared to a 9% growth for the broader S&P 500. The retailer’s stock grew despite a 1% decline in revenues in the last 2 quarters. While Best Buy has outperformed the broader markets, we believe it can still grow further…