Best Buy Co., Inc. (BBY)
Best Buy Expands Product Lineup With Third-Party Marketplace
Best Buy is joining the likes of Walmart and Amazon in launching a third-party marketplace. The retailer's digital marketplace debuted Tuesday (Aug. 19), more than doubling Best Buy's available items and adding entirely new brands and products.
Best Buy launches third-party marketplace as it looks for sales drivers
Best Buy launched its third-party marketplace on Tuesday, which adds more brands and items to its website and app. It joins a growing trend of retailers who are using third-party sellers as a way to attract sales, drive higher profits and draw advertising dollars.
Buy 9 Barron's Better Bets (Than T-Bills) From 16 'Safer' July DiviDogs
Nine of the top sixteen Barron's Better Bets 'Safer' dividend dogs are attractively priced, offering dividends from $1K invested exceeding their share price. Analyst projections suggest 18-29% net gains for the top ten BBB Dogs by July 2026, with average risk 20% below the market. The dogcatcher strategy prioritizes stocks with high, reliable dividends and fair pricing, favoring underdogs poised for price corrections or dividend increases.
The S&P is Running Hot, But These 5% Dividend Stocks are Still So Cheap
The S&P 500 has been quite a steady rock, demonstrating far more resilience than I would have thought in the face of new tariff threats and rising geopolitical uncertainty.
Best Buy: Rating Upgrade On Good Tariff Management And Positive Growth Outlook
I upgrade Best Buy to buy as tariff risks have been substantially mitigated, de-risking the equity story and improving margin visibility. Momentum in the PC refresh cycle and the upcoming Switch 2 launch provide clear catalysts for BBY's revenue growth acceleration in the near term. High-margin initiatives like the US third-party marketplace and Best Buy Ads are scaling well, offering long-term margin expansion potential.
Best Buy: An Attractive 5% Dividend Yield That Could Increase If Catalyst Plays Out
FY2025, Best Buy incurred restructuring charges related to its Health segment. Despite the significant headwind Best Buy faces, it is still a retail market leader, focusing on consumer electronics. The cyclical recovery of its core business, Best Buy marketplace, and advertising could be a significant future catalyst for Best Buy.
JPMorgan's Analyst Focus List Has 4 Strong Buy Ultra-High-Yield Dividend Giants as Top Picks
All the major Wall Street firms we cover here at 24/7 Wall St. have a list of the top stock picks for their institutional and retail clients to invest in.
Will Switch 2 Sales Lift Best Buy Stock Out Of Turbulence?
Note: Best Buy's FY'25 concluded on February 1, 2025
Investing in These Retailers' Stock is 'Worth the Risk,' JPMorgan Says
Best Buy and Wayfair stock offer a healthy balance of risk and reward, JPMorgan said.
Is A 50% Plunge On The Horizon For Best Buy Stock?
Note: Best Buy's FY'25 ended on February 1, 2025
S&P 500 Gains and Losses Today: HP, Best Buy Stocks Drop as Tariffs Weigh On Outlook
Major U.S. equities indexes ticked higher after a federal court blocked the "reciprocal" tariffs imposed by President Donald Trump—though that hold was ultimately itself put on ice.
Best Buy Predicts Dip in Sales Amid ‘Incredibly Fluid' Tariff Outlook
Despite its customers' resilience, Best Buy expects sales to dip this year because of tariffs. The electronics retailer released quarterly earnings Thursday (May 29), projecting yearly revenue of $41.1 billion to $41.9 billion, below past guidance of $41.4 billion to $42.2 billion.
