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  • Best Buy: A Disliked, Undervalued Company [View article]
    I appreciate you taking the time to read and comment. With all the pessimism surrounding Best Buy it's hard to imagine it not beating the incredibly low expectations. We'll see what happens, but i'm optimistic.
    Mar 20, 2012. 08:12 PM | Likes Like |Link to Comment
  • Best Buy: A Disliked, Undervalued Company [View article]
    I think that certain types of people like shopping at Best Buy and certain types of people hate it. I agree that their customer service is not very good, but usually their prices line up pretty well with Amazon, minus the sales tax advantage Amazon has. Clearly Best Buy is not going to grow as fast as Amazon or even as fast the consumer electronics market as a whole. But they have been growing steadily over the last few years and they are reducing store size in an attempt to increase margins. I think all the pessimism has driven the stock to a valuation that would suggest that bankruptcy is inevitable, which is a gross exaggeration.
    Mar 20, 2012. 10:10 AM | Likes Like |Link to Comment
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