Thu, Jul 10, 2014, 3:50 AM EDT - U.S. Markets open in 5 hrs 40 mins

Recent

% | $
Quotes you view appear here for quick access.

Best Buy Co., Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • qwertoman qwertoman Mar 31, 2012 9:38 PM Flag

    Best Buy is my first stop

    Revenues, gross profit and operating income (excluding unusual items) are flat in the past 3 years. They have $3.3B in cash flow in 2012 for a $8.4B market cap. They are buying back 10% of shares every year.

    If they are able to keep doing what they've been doing for the past 3 years they'll have over $4 EPS 2 years from now. They don't even have to grow. In fact their revenues and profits could go down a little and they'll still get to $4 EPS just by buying back stock. Best Buy better die soon or the shorts are going to get squeezed.

    I understand people shorting Radioshack or Sears. For Sears, sales are going down and their cash flow is NEGATIVE. Radioshack had a 45% fall in operating income.

    I don't know any other retail stock besides Gamestop that is as cheap as Best Buy.

 
BBY
31.49+0.34(+1.09%)Jul 9 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.