The 3 Best Dividend Growth Stocks to Buy in June 2024
If you're looking to boost your portfolio with reliable income that rises over time, dividend growth stocks are a great option. What I particularly value about these stocks, in contrast to high-yield options, is that they offer meaningful payouts while also having the potential for long-term capital appreciation.
Best Buy Slims Down And Pumps Profits Despite Slowing Sales
Consumer electronics retailer Best Buy is a strong stock to consider after the company reported better-than-expected first-quarter earnings. Earnings per share came in at $1.
Best Buy Catches AI Fever
Tech upgrades are coming, but the hype in the retailer's stock might be overdone.
Best Buy Stock Hits 12-Month High After Double Upgrade
The shares of Best Buy Co Inc (NYSE:BBY) are up 1.1% to trade at $85.75 this morning, after the electronics retailer received a double-upgrade from Citigroup to "buy" from "sell," with a price-target hike to $100 from $67.
Best Buy Stock Is Set for an AI Boost, Analyst Says
Citi analyst Steven Zaccone double upgraded shares of consumer-electronics retailer Best Buy to Buy from Sell.
Best Buy gets double-upgrade at Citi on expectations of sales growth
Analysts at Citi gave electronics retailer Best Buy Co. Inc. a rare double-upgrade on Monday, boosting their assessment in anticipation that same-store sales will start rising.
Best Buy Could Break Out of Its Channel Shortly
After a painfully slow two years of trading within a tight channel, Best Buy Company Inc. NYSE: BBY rallied by a staggering 15.5% after it reported its first quarter 2024 earnings results. The initial reaction in the stock price is accredited to the unexpected recovery seen in the consumer discretionary space, particularly around consumer electronics.
Best Buy CEO explains how the company is preparing to sell new AI-enabled computers
Best Buy CEO Corie Barry told CNBC's Jim Cramer the electronics retailer is getting ready to sell a slew of new artificial intelligence-enabled personal computers. "We are, as you can imagine, arming ourselves on every angle to be the single best place to come experience this across the assortment," Barry said.
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases.
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 Beats Profit Estimates on Services, Membership, and Laptop Demand
Shares of Best Buy (BBY) jumped over 10% in early trading Thursday after the electronics retailer beat profit forecasts on growing demand for services and laptop computers.
Best Buy Co., Inc. (BBY) Q1 2025 Earnings Call Transcript
Best Buy Co., Inc. (NYSE:BBY ) Q1 2025 Earnings Conference Call May 30, 2024 8:00 AM ET Company Participants Mollie O'Brien - VP, IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Peter Keith - Piper Sandler Robert Ohmes - Bank of America Chris Horvers - JPMorgan Anthony Chukumba - Loop Capital Seth Basham - Wedbush Securities Jonathan Matuszewski - Jefferies Operator Ladies and gentlemen, thank you for standing by. Welcome to Best Buy's First Quarter Fiscal 2025 Earnings Conference Call.
