Best Buy Stock News

After a blowout Q3, Wall Street's current earnings estimates for Google are likely too low and will be revised higher, driven by the company's success in cloud computing. Google's earnings quality and growth are superior to peers, making its lower valuation compared to Apple and other tech giants increasingly unjustified. This presents a buying opportunity. GOOGL deserves to be a more popular s...

This is the second group of 10 companies who are aiming to reach dividend aristocrat status in the near future. The majority of these companies are from the utilities sector with two defense contractors also included. A few of the companies have 10-year dividend growth rates above 10%.

Roborock Celebrates the Availability of Innovative Robot Vacuum with Limited-Time Offer HONG KONG , Oct. 26, 2024 /PRNewswire/ -- Roborock, a global leader in ultra-intelligent home robotics engineered to simplify daily life, is expanding its presence into over 850 Best Buy stores across the United States. In honor of the news, Roborock is running an exclusive discount on the sleek, high-tech R...

MINNEAPOLIS--(BUSINESS WIRE)--Mark the calendars, break out the sparkle and get ready to save. Today, Best Buy unveiled its complete holiday lineup of shopping dates, starting with Black Friday deals on Nov. 8. Plus, every Friday, the retailer will be dropping new doorbusters—some of the hottest deals of the season on top tech. Customers ready to start their holiday shopping can take advantage ...

Best Buy has experienced a strong price appreciation despite headwinds, with the stock up nearly 40% over the past year. The company's dividend safety is a concern, with a payout ratio over 100% due to declining cash flows. Best Buy's FY24 outlook is positive, with raised revenue and EPS guidance, but cash flow and comparable sales declines remain concerns.

Kamala Harris wants Medicare to change and cover long-term home care services, such as in-home aides. The plan creates uncertainty for Brookdale Senior Living and Ensign Group.

Buy 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.

As 2024 comes to a close, seasonality is a theme that occurs every year entering the holiday season. A look back at some of the familiar headline trends for 2024 includes the AI data center boom, shortage of GLP-1 drugs, fresh demand for nuclear power, restarting the interest rate cut cycle, off-price shopping frenzy, retailer inventory normalization, and the ad market, and cloud computing reco...