Devoted to bringing you insightful research, commentary and investigation on companies we – women – love. We are the world’s best and most loyal consumers by shopping at their stores and buying their products. To sell and market to us and become a national brand takes intelligence and the right aggressive attitude along with providing solid, quality and long lasting products and services.
While presenting in a conservative and neutral view on highlighted companies, The Savvy Profiler is designed to give aggressive ideas and insight on investing in big name companies, yet with safe growth – regardless of the general market direction. This week’s Savvy Profile:
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Company Name: Best Buy Co. Inc.
Ticker: BBY
Last Trade: $18.76
5wk Range: $17.53-29.79
Business Summary:
Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. The companys stores offer video products, including televisions, e-readers, navigation products, digital cameras and accessories, digital camcorders and accessories, and DVD and Blu-ray players; and audio products, such as MP3 players and accessories, home theater audio systems and components, musical instruments, and mobile electronics comprising car stereo and satellite radio products. Its stores also provide computing and mobile phone products consisting of notebook and desktop computers, tablets, monitors, mobile phones and related subscription service commissions, hard drives and other storage devices, and networking equipment, as well as office supplies and other related accessories, such as printers; entertainment software products, including video gaming hardware and software, DVDs, Blu-rays, CDs, digital downloads, and computer software; and appliances, air conditioners, and housewares. In addition, the company offers service contracts, warranties, computer-related services, and product repair, as well as delivery and installation services for home theaters, and mobile audio and appliances; and snacks and beverages. It operates its retail stores and call centers, as well as online retail operations under various brand names, such as Best Buy, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Pacific Sales, and The Phone House. The company was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.
Recent Headlines on Best Buy Co. Inc.:
- Verizon to offer Best Buy’s Geek Squad servicesat bizjournals.com(Wed 2:45PM EDT)
- Verizon to offer Best Buy’s Geek Squad servicesAP(Wed 12:42PM EDT)
- Macy’s rolls out Shopkick reward app nationwideat bizjournals.com(Wed 10:36AM EDT)
- Best Buy launches fund to help find next big ideaat bizjournals.com(Wed 9:44AM EDT)
- BRIEF-Moody’s:Back-to-college spending will boost retailers in second half of 2012at Reuters(Wed 9:12AM EDT)
- How Long Will Rovi Investors Suffer?at TheStreet(Wed 8:01AM EDT)
- Verizon Teams with Best Buy’s Geek Squad to Offer New IT Help Desk Services for Small and Medium-Size BusinessesPR Newswire(Wed 7:00AM EDT)
- Why Best Buy Might Follow in Yahoo!’s Footstepsat TheStreet(Wed 7:00AM EDT)
- Why Best Buy Might Follow in Yahoo!’s FootstepsTheStreet(Wed 7:00AM EDT)
- A Look at Best Buy…Buffett Styleat Motley Fool(Wed 4:54AM EDT)
Recent Press on Best Buy Co. Inc.:
- Verizon Teams with Best Buy’s Geek Squad to Offer New IT Help Desk Services for Small and Medium-Size BusinessesPR Newswire(Wed 7:00AM EDT)
- Best Buy Launches College Innovator Fund, A National Search for the Next Big IdeasThomson Reuters ONE(Mon, Jul 16)
- Best Buy Launches Trade-In PlusThomson Reuters ONE(Sun, Jul 15)
Company Overview:
Target Price: $51.10
Risk: MEDIUM
Short Term Rating: BUY
Long Term Rating: BUY
*analyst ratings are from wikiwealth.com
(http://www.wikiwealth.com/research:bby)
To making money,
Lourdes Janzen
LJ Investment Research
Disclaimer All materials in this email are provided as opinion only, and may not be construed as personalized investment instruction. No action should be taken based solely on the contents of this information; instead, readers should consult appropriate investment professionals and perform proper due diligence. All securities trading, whether in stocks, options, or other investment vehicles, is speculative in nature and involves substantial risk of loss. We encourage our readers to invest carefully and to utilize the information available at the websites of the Securities and Exchange Commission at http://www.sec.gov and the National Association of Securities Dealers at http://www.nasd.com. This email should be viewed as an opinion only, and no financial decisions of any kind should be made based on the opinions presented in this piece. LJ Investment Research is not a registered broker/dealer and does not purport to provide any analysis of any company’s financial position, operations or prospects and should not be construed as a recommendation or an offer or solicitation to buy or sell any security. You are receiving this Game Time Stock Picks email alert because you signed up to receive them. If you are receiving these alerts by mistake, please hit the unsubscribe button below. LJ Investment Research
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