NYSE:BBY | Best Buy Co., Inc. Common Stock

Disclaimer : Sections of this page are auto-generated by Artificial Intelligence and shall not be understood as Investment Advice
This page was updated : 2023-07-10 14:44:45 UTC
Newsflash

Best Buy Co., Inc. is offering a 5% dividend, which has sparked debate about whether it is a high-yield haven or a risky bet. The dividend is seen as attractive due to its high yield, but some analysts are concerned about the company's ability to sustain it in the long term. Best Buy's financial performance and the impact of the COVID-19 pandemic on its business are key factors influencing the perception of the dividend's risk.

Business Overview

As an investment analyst, Best Buy Co., Inc.'s business model can be analyzed from various perspectives. Here is an overview of the company's business model: 1. Retail Operations: Best Buy operates as a leading retailer of consumer electronics, home appliances, and entertainment products. The company sells a wide range of products, including televisions, computers, smartphones, gaming consoles, and home theater systems. Best Buy operates through both physical stores and online channels, offering customers multiple options for purchasing ...

Yahoo - Business Overview

Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, home theater, portable audio comprising headphones and portable ...

Risk Rating (Yahoo)

None

ESG Score (Yahoo)

N/A

Market Cap (None)

N/A

AI Rank (finclout)

289

Flags & Key Risks
  • Competition from online retailers
  • Changing consumer preferences
  • Economic downturns
  • Dependence on suppliers and manufacturers
  • Technological advancements
  • Regulatory changes
  • Cybersecurity threats
  • Fluctuating exchange rates
  • Supply chain disruptions
  • Litigation and legal issues

SWOT Analysis


Strengths

Strong brand recognition and reputation  

Weaknesses

High competition from online retailers                                                                                                                                                                                                                                

Opportunities

Growing demand for smart home technology                                                                                                                                                                                                                            

Threats

Economic downturn and reduced consumer spending                                                                                                                                                                                                              

Thesis for Best Buy Co., Inc. Common Stock


Bullish

Best Buy Co., Inc. is well-positioned to benefit from the growing demand for consumer electronics and home appliances. With its strong brand reputation and extensive network of stores, the company has a competitive advantage in reaching customers and driv ...

Neutral

Best Buy Co., Inc. faces both opportunities and challenges in the current market. While the company has been successful in adapting to the changing retail landscape and increasing its online sales, it still faces intense competition from e-commerce ...

Bearish

Best Buy Co., Inc. operates in a highly competitive and rapidly evolving industry. The company faces significant challenges from online retailers and changing consumer preferences. With the increasing popularity of e-commerce platforms, traditional ...

News Coverage


1 day ago @InvestorPlace
7 Doomed Dividend Stocks to Sell in December
#BBY #dividend #sell #dividend #figuring #entail
2 days ago @wallstreetbets
If you guys are thinking about Puts on $TGT and $BBY then don't forget $NKE. ?
#BBY #forget #bby #thinking #puts #guys
3 days ago @MarketBeat
Feel like buying the dip on Best Buy? Your gut may be right
#BBY #buying #right #wonders #wealth #visit
4 days ago @Finbold
2 ‘Black Friday' stocks to buy right now
#BBY #StocksToWatch #shopping #black #friday #online
6 days ago @Benzinga
2023 Holiday Shopping, Black Friday Survey Reveals Amazon, Walmart As Winners: A Look At The Trends - Best Buy Co (NYSE:BBY), Amazon.com (NASDAQ:AMZN)
#BBY #shopping #holiday #amazon #black #friday
7 days ago @Business Wire
Best Buy Reports Third Quarter Results
#BBY #earnings #third #quarter #segment #enterprise
7 days ago @Market Watch
Best Buy's stock slides premarket after revenue miss and as retailer lowers guidance
#BBY #earnings #premarket #retailer #guidance #million
7 days ago @CNBC
Best Buy cuts sales forecast, as holiday shoppers hunt for deals
#BBY #shoppers #holiday #best #sales #hunt
7 days ago @Proactive Investors
Best Buy cuts guidance on softer-than-expected third quarter sales
#BBY #sales #billion #guidance #expected #quarter
8 days ago @MarketBeat
Here's your e-commerce stock bundle for the holidays
#BBY #shopping #season #commerce #online #presence
10 days ago @Bloomberg Markets and Finance
Evercore ISI's Melich on Best Buy Sales, Upcoming 3Q Results
#BBY #evercore #results #best #upcoming #romaine
10 days ago @Seeking Alpha
Best Buy: The 5% Dividend Is Not Worth The Risk
#BBY #dividend #best #risk #dividend #ultimately
14 days ago @MarketBeat
4 high yields near 52-week lows worth looking at
#BBY #dividend #lows #week #marketbeat #yields
21 days ago @InvestorPlace
3 Dividend Stocks That Are at Risk of Cutting Their Dividends
#BBY #dividend #dividend #cash #reinvest #distribute
22 days ago @PRNewsWire
FAZE CLAN AND STEELSERIES LAUNCH CO-BRANDED GAMING GEAR AS PART OF MULTI-YEAR PARTNERSHIP
#BBY #faze #gaming #steelseries #clan #locations
1 month ago @InvestorPlace
Time to Sell: These 3 Stocks May Plunge Ahead of 2024
#BBY #shouldn #shield #plunge #headwinds #winner
1 month ago @InvestorPlace
3 Risky Retail Stock Bets That Could Pay Off Big Time
#BBY #high #retail #stubbornly #reward #hikes
1 month ago @CNBC Television
3-Stock Lunch: NFLX, BBY & T
#BBY #lunch #stockton #katie #joins #fairlead
1 month ago @Seeking Alpha
Best Buy: This Dip Is Only For The Brave And Patient
#BBY #juxtaposed-ideas #dividends #dividend-ideas #sa-exclusive #investing-income
1 month ago @Forbes
9 Safe High Yield Dividend Stocks To Buy For 2023
#BBY #dividend #StocksToWatch #yield #dividend #high
1 month ago @Forbes
Imitation And Innovation: The Brilliance Behind Best Buy's New ‘Drops' Strategy
#BBY #best #drops #leverage #imitation #entice
1 month ago @InvestorPlace
Tapping Into Trends: 7 Consumer Discretionary Stocks Set to Skyrocket
#BBY #moynihan #soft #landing #tapping #skyrocket
2 months ago @InvestorPlace
3 Retail Stocks to Sell Before the Damage Is Done
#BBY #retail #sell #shifting #fears #step
2 months ago @InvestorPlace
The 3 Most Undervalued Consumer Stocks to Buy in September 2023
#BBY #StocksToWatch #despite #fallen #doubt #resilient
No filings found for
No lawsuits found for
Offcanvas top
Placeholder
Offcanvas left
Placeholder
Loading...

 

 

 

 

 

Offcanvas bottom
Some text as placeholder. In real life you can have the elements you have chosen. Like, text, images, lists, etc.