- Best Buy has proven itself throughout the pandemic, constantly evolving its business model to improve operational efficiency and earnings.
- However, the current macroeconomic data is causing uncertainty as to whether the company can continue with the same level of momentum.
- This has caused the share price to range between $100 and $125 YTD with little projected earnings growth going forward.
- This may be as good as it gets until its new endeavour into Travel and Outdoor retail bears fruit.
For further details see:
Best Buy: Fantastic Earnings, But Can It Continue?