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Best Buy Co., Inc. Message Board

  • getintoh20 getintoh20 Jan 19, 2014 12:15 PM Flag

    There is no reason to buy BBY at these nosie bleed levels.

    Declining revenue, margins, & net income spell disaster for BBY. Earnings estimates have now fallen from $2.43 to $1.95 for 2013, & 2014 has fallen from $2.83 to $2.30. With declining revenue, margins, & net income you will not get a multipliable 15 or 10 but a multipliable of 7 at best . Fair price $16 This is nothing more then value trap.

34.14+0.52(+1.55%)Oct 31 4:02 PMEDT

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