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Best Buy Co., Inc. Message Board

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  • csco_brat csco_brat Nov 25, 2012 3:24 PM Flag

    Best Buy has a little over $2 billion in debt.

    best buy balance sheet is strong relative to many retailing co's. They don't have much debt and they generate alot of cash even at current reduced levels. Plus, have you heard of Ben Bernanke, he has made it so even the most bankrupt of co's can refinance their debts at unthinkable low interest rates. Take a look at JCP, they have $4 billion in debt while and are losing money now while BBY is still highly profitable.

    I suggest to you to buy BBY and go short JCP.

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BBY
34.61-0.35(-1.00%)Sep 19 4:02 PMEDT

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