MSFT - Best Buy could see comp sales turn positive as AI-enabled laptops fuel replacement cycle
2024-07-07 09:00:00 ET
As the four-year, post-COVID replacement cycle nears and as industry trends paint an upbeat outlook to the consumer electronics segment, Best Buy’s ( NYSE: BBY ) stock price could surpass $95 as a return to positive comparable sales fueled by the offering of AI-enabled PCs will likely act as a catalyst for shares....
Best Buy could see comp sales turn positive as AI-enabled laptops fuel replacement cycle