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Best Buy Co., Inc. Message Board

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  • mitt_romney_4_prez mitt_romney_4_prez Mar 29, 2012 10:24 AM Flag

    Obama Failed Best Buy

    BBY's generating lots of cash.. dividend & buyback safe.

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    • A big new product cycle in Smart TVs is coming. Most new TVs will be sold with internet capability: Apps for streaming movies, Pandora, Facebook, email, etc.

      BBY will downsize its stores, as leases expire. This is a process that takes time. The fools on this Board bashing management couldn't manage their way out of a paper bag. The challenges facing BBY are real and difficult, but not the fault of management. This is a big ship to turn.

      However, when it does turn, the rally should be powerful. Since the economy is way below trend as a result of the Socialists failed policies, there is no hurry to buy. But, the economy will improve and BBY may be one of the best ways to play a resurgence of the American consumer.

      This week, the U.S.S.Ct. signaled that the Constitution of the U.S. provided for a Federal Government of limited powers. The failure of Obamacare may breech the dam of pent up hiring by firms waiting for the resolution of this Socialist power grab.

      HGG and CONN are more highly leveraged plays in this space. BBY is sufficiently speculative for my tastes. I am not adding to my small holding, yet.


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