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Best Buy (BBY)

(Real Time Quote from BATS)

$82.27 USD

82.27
839,151

-1.46 (-1.74%)

Updated Aug 12, 2024 12:12 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 6% (16 out of 250)

Industry: Retail - Consumer Electronics

Better trading starts here.

Zacks News

Incorporated in 1966 and headquartered in Richfield, MN, Best Buy Company Inc. (BBY) is a multinational specialty retailer of consumer electronics, home office products, entertainment software, communication, food preparation, wellness, heath, security, appliances and related services. The company operates in the United States, Canada and Mexico. Both segments are engaged in the development of merchandise and service offerings, supply chain and procurement, pricing and promotions, online and mobile operations along with marketing and advertisements on omnichannel platforms.

Expedia (EXPE) Q2 Earnings & Revenues Beat Estimates, Rise Y/Y

Expedia's (EXPE) second-quarter 2024 results reflect solid momentum across B2B, Brand Expedia and Advertising.

Booking Holdings (BKNG) Q2 Earnings & Revenues Beat, Rise Y/Y

Booking Holdings' (BKNG) second-quarter results reflect strength in its merchant business.

Amazon (AMZN) Q2 Earnings Beat Estimates, Sales Rise Y/Y

Amazon's (AMZN) second-quarter results benefit from a solid momentum in AWS. Strength in Prime contributes well.

MercadoLibre's (MELI) Q2 Earnings & Revenues Beat, Up Y/Y

MercadoLibre's (MELI) second-quarter 2024 results benefit from increasing total payments volume, courtesy of the robust Mercado Pago.

Wayfair (W) Q2 Earnings Miss Estimates, Revenues Down Y/Y

Wayfair's (W) second-quarter 2024 results reflect sluggishness across the United States region and lower net revenues per active customer.

Why Fast-paced Mover Best Buy (BBY) Is a Great Choice for Value Investors

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Best Buy (BBY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

EBAY's Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y

EBAY's second-quarter 2024 results benefit from strength in its advertising business.

Zacks.com featured highlights Best Buy, AES, Lockheed Martin, PulteGroup and Banco de Chile

Best Buy, AES, Lockheed Martin, PulteGroup and Banco de Chile have been highlighted in this Screen of The Week article.

Match Group (MTCH) Q2 Earnings Meet Estimates, Revenues Up Y/Y

Match Group's (MTCH) second-quarter results benefit from strength in Tinder and Hinge despite sluggish growth in total payers.

Groupon (GRPN) Reports Loss in Q2, Revenues Decrease Y/Y

Groupon's (GRPN) second-quarter results reflect sluggishness in travel and goods markets. However, strong momentum across the local end-market was positive.

Supriyo Bose headshot

5 High ROE Stocks to Bet on as Markets Seek Rate Cut Clarity

Best Buy (BBY), AES, Lockheed Martin (LMT), PulteGroup (PHM) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as the markets await the Federal Reserve's update on the monetary policy.

What Makes Best Buy (BBY) a New Buy Stock

Best Buy (BBY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Is Hagerty (HGTY) Outperforming Other Retail-Wholesale Stocks This Year?

Here is how Hagerty, Inc. (HGTY) and Best Buy (BBY) have performed compared to their sector so far this year.

Is iShares MSCI USA Equal Weighted ETF (EUSA) a Strong ETF Right Now?

Smart Beta ETF report for EUSA

Best Buy (BBY) Gains on Strategic Customer-Centric Initiatives

Best Buy's (BBY) strategic investments and focus on technology and customer experience drive long-term success and market resilience.

How to Boost Your Portfolio with Top Retail and Wholesale Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Will Best Buy (BBY) Tech Endeavors Help Navigate Challenges?

Best Buy (BBY) is focusing on technology and customer experience for future growth. AI collaborations and strategic investments in store formats enhance customer service and operational efficiency.

Sanghamitra Saha headshot

3 ETF Areas & Stocks to Win Despite Soft Retail Sales in May

Retail sales was weaker than expected in May.

Best Buy (BBY) Rides on Innovation & Operational Efficiency

Best Buy (BBY) effectively balances cost management and quality service, thus enhancing operational efficiency, optimizing supply-chains and innovating customer engagement.

Implied Volatility Surging for Best Buy (BBY) Stock Options

Investors need to pay close attention to Best Buy (BBY) stock based on the movements in the options market lately.

Company News for May 31, 2024

Companies in The News Are: BBY, BURL, FL, AEO.

Best Buy (BBY) Q1 Earnings Beat Estimates, Revenues Dip Y/Y

Best Buy (Buy) reports soft first-quarter fiscal 2025 sales due to a comparable sales drop of 6.1%.

Best Buy (BBY) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Best Buy (BBY) Q1 Earnings Surpass Estimates

Best Buy (BBY) delivered earnings and revenue surprises of 12.15% and 1.24%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?