BBY - Best Buy Co., Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
73.83
-0.40 (-0.54%)
At close: 3:59PM EDT

73.91 +0.08 (0.11%)
After hours: 4:11PM EDT

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Previous Close74.23
Open73.94
Bid74.03 x 1300
Ask74.03 x 800
Day's Range73.42 - 74.42
52 Week Range47.72 - 84.37
Volume1,222,339
Avg. Volume2,801,296
Market Cap19.716B
Beta (3Y Monthly)1.56
PE Ratio (TTM)13.45
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.00 (2.69%)
Ex-Dividend Date2019-06-12
1y Target EstN/A
Trade prices are not sourced from all markets
  • Top Ranked Income Stocks to Buy for July 18th
    Zacks9 hours ago

    Top Ranked Income Stocks to Buy for July 18th

    Top Ranked Income Stocks to Buy for July 18th

  • InvestorPlace23 hours ago

    Amazon Prime Day’s Secret Weapon

    A clearance sale is one of the great miracles of business, one Amazon (NASDAQ:AMZN) shared with small merchants on Prime Day.Source: Shutterstock Merchandise is usually sold to retailers on "60-day net" terms. That means they have 60 days to pay for it. Big box retailers like Walmart (NYSE:WMT) destroyed small retailers by turning goods over in two weeks, selling goods before they bought them.Prime Day is a clearance sale, where AMZN expects to bring in about $5 billion during what would normally be a slack period.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip That's why clearance sales are held in the summer. They create excitement when stores, both online and off, would otherwise be empty. Competitor Walmart Joins the FunFour of Amazon's 10 biggest sellers this year were electronics products from last season. Basically, stuff it needed to move to make room for new stuff.Thanks to the hype Amazon has created around this "event," other big retailers are able to do the same thing.Walmart was able to move many of the same slow-selling products Amazon was selling, along with mattresses, tents, and electronics.Best Buy (NYSE:BBY) moved speakers, monitors, and robot vacuums. Gamestop (NYSE:GME) was able to push out old Nintendo equipment. Wayfair (NYSE:W) got rid of outdoor grills and patio furniture before the season changes. Even eBay (NASDAQ:EBAY) was able to unload old drones, printers, and cameras.For those seeking a lesson in all of this, note how many of these stores, including Amazon, were offering special deals on the Apple (NASDAQ:AAPL) Watch.By turning a mid-summer clearance into a holiday, Amazon was able to clear the decks for itself and for others before they must commit to buying the holiday merchandise that makes for profits. Prime Day also provided a stern test for Amazon's fulfillment system, its warehouses, and delivery people, before competition heats up in the fall. The Real Amazon ModelThe success of Prime Day comes as Amazon is under government pressure to change its current sales model, which emphasizes third parties, eliminating the inventory risk which makes clearance sales necessary.An appeals court ruling that makes Amazon responsible for products it never owned, combined with a European agreement forcing it into better treatment of third party merchants, could induce it to take back some inventory risk.So could the rising cost of counterfeits and Congressional complaints that Amazon's off-brand merchandise is unfair to third parties.Amazon's Asian rival, Alibaba (NASDAQ:BABA), has been steadily increasing its inventory risk, while Amazon has reduced its own to make money on fulfillment. The Amazon purchase of Whole Foods two years ago has yet to pay off, while Alibaba has been buying entire shopping malls to gain more control over customers.A change of direction by AMZN could devastate small businesses. About 58% of Amazon's retail sales are on behalf of third parties. 73% of them are by small businesses with five or fewer employees. Such small businesses are also those most likely to be selling counterfeit goods. Amazon has little choice in cracking down. The Bottom Line for AMZN StockAmazon is a retail ecosystem. It lets small companies compete directly with Walmart, Target (NYSE:TGT) and other big box shops, setting up online shops, shipping through automated warehouses, and getting the best deals on bookkeeping and delivery.Amazon is proud of these merchants, giving them access to its entire set-up, including analytics tools.As the sun sets on another Prime Day, with courts and legislators closing in to call Amazon a monopoly, these small merchants are its secret weapon. They should no longer be a secret to Amazon shareholders.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN and AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Amazon Prime Daya€™s Secret Weapon appeared first on InvestorPlace.

  • Top Stock Picks for Week of July 15, 2019
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    Top Stock Picks for Week of July 15, 2019

    A Couple of Solid Picks in Specialty Retail and Streaming Video Content to Consider.

  • Top Ranked Income Stocks to Buy for July 16th
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    Top Ranked Income Stocks to Buy for July 16th

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  • Benzinga2 days ago

    'Fast Money' Traders Talk Retail: Costco, Target And More

    Guy Adami said on Monday's " Fast Money " he likes Costco Wholesale Corporation (NASDAQ: COST ) after hitting an-all time high. He also says Home Depot Inc (NYSE: HD ) is Amazon.com, Inc. (NASDAQ: ...

  • Amazon Prime Day 2019: Everything we know so far
    Yahoo Finance6 days ago

    Amazon Prime Day 2019: Everything we know so far

    Amazon’s blockbuster annual sale for its members has changed the way people shop, and made other companies scramble to try to cash in on the tech giant’s success.

  • How big retailers have tried—and failed—to replicate Amazon's Prime Day boom: Data
    Yahoo Finance6 days ago

    How big retailers have tried—and failed—to replicate Amazon's Prime Day boom: Data

    Top brands have tried -- and largely failed -- to replicate Amazon's Prime Day, new data shows.

  • Dollar General & These 4 Retail Stocks Are Solid Picks
    Zacks8 days ago

    Dollar General & These 4 Retail Stocks Are Solid Picks

    Dollar General's (DG) everyday low-price model is anticipated to drive traffic persistently despite the rising popularity of online retailers.

  • Here's Why Aaron's (AAN) is a Hot Investment Pick Right Now
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    Here's Why Aaron's (AAN) is a Hot Investment Pick Right Now

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  • Why Best Buy Stock Rose 11% in June
    Motley Fool9 days ago

    Why Best Buy Stock Rose 11% in June

    The electronics retailer continues to impress investors with solid operating results despite the ongoing trade wars.

  • Why Is Guggenheim Bullish About Best Buy Stock?
    Market Realist9 days ago

    Why Is Guggenheim Bullish About Best Buy Stock?

    On Monday, Guggenheim started to cover Best Buy (BBY) stock with a “buy” rating. Guggenheim thinks that Best Buy is undervalued.

  • Barrons.com10 days ago

    Buy Best Buy Stock Because It’s One of the Most Undervalued in Retail, Analyst Says

    SECTORFOCUS BLOG Consumer-electronics retailer (BBY) is “one of the most undervalued stories in large cap retail,” according to a report from Guggenheim. Best Buy stock (BBY), up nearly 40% in 2019, was ahead 1.

  • Top Ranked Income Stocks to Buy for July 8th
    Zacks10 days ago

    Top Ranked Income Stocks to Buy for July 8th

    Top Ranked Income Stocks to Buy for July 8th

  • How Many Best Buy Co., Inc. (NYSE:BBY) Shares Have Insiders Sold, In The Last Year?
    Simply Wall St.15 days ago

    How Many Best Buy Co., Inc. (NYSE:BBY) Shares Have Insiders Sold, In The Last Year?

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • Why Best Buy Stock Popped 5% This Morning
    Motley Fool17 days ago

    Why Best Buy Stock Popped 5% This Morning

    Investors bet the U.S.-China trade war truce is a win for Best Buy.

  • Top Ranked Income Stocks to Buy for July 1st
    Zacks17 days ago

    Top Ranked Income Stocks to Buy for July 1st

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  • What the Apple-Best Buy Partnership Could Offer
    Market Realist17 days ago

    What the Apple-Best Buy Partnership Could Offer

    On June 19, Apple (AAPL) announced a partnership with US retail giant Best Buy (BBY).

  • Best Buy Is Making a Smart High-Tech Home Fitness Move
    Motley Fool19 days ago

    Best Buy Is Making a Smart High-Tech Home Fitness Move

    Internet-connected home gym equipment fits perfectly into the consumer electronics retailers' focus on technology and health.

  • Rent-A-Center to Initiate Quarterly Dividend, Stock Rises
    Zacks20 days ago

    Rent-A-Center to Initiate Quarterly Dividend, Stock Rises

    Rent-A-Center (RCII) announces plan to initiate quarterly cash dividend. The first quarterly cash dividend of 25 cents is anticipated to be announced in September and will be due in October.

  • How much Best Buy could make from selling spin bikes and treadmills
    Yahoo Finance23 days ago

    How much Best Buy could make from selling spin bikes and treadmills

    Best Buy could whip up some major sales from selling health workout gear.

  • Can Best Buy's (BBY) New Blue Strategy Help Drive Growth?
    Zacks24 days ago

    Can Best Buy's (BBY) New Blue Strategy Help Drive Growth?

    Best Buy's (BBY) "Building the New Blue" strategy is likely to help it keep its sheen alive.

  • Trump's tariffs hit Texas manufacturers, spark fears for the future: Survey
    Yahoo Finance24 days ago

    Trump's tariffs hit Texas manufacturers, spark fears for the future: Survey

    Texas businesses are concerned about the future of the economy as uncertainty rises around tariffs, according to a report from the Dallas Fed.

  • Nasdaq Launches Center for Corporate Governance, First Report Highlights Focus on Stakeholders Beyond Shareholders
    CorpGov.com24 days ago

    Nasdaq Launches Center for Corporate Governance, First Report Highlights Focus on Stakeholders Beyond Shareholders

    Martyn Chapman Named Executive Director of Nasdaq Center for Corporate Governance By John Jannarone Nasdaq Inc. has launched the Nasdaq Center for Corporate Governance, an information and research platform dedicated to supporting boards, senior executives, and governance professionals at public, private, and nonprofit organizations. Nasdaq, which works with 4,000 companies listed on its global exchanges […]

  • Best Buy (BBY) Up 2.6% Since Last Earnings Report: Can It Continue?
    Zacks26 days ago

    Best Buy (BBY) Up 2.6% Since Last Earnings Report: Can It Continue?

    Best Buy (BBY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.