Analysis: Improved 4K TV demand could lift Best Buy

|About: Best Buy Co. (BBY)|By:, SA News Editor

Best Buy (BBY) could get a lift from demand for 4K TVs, according to Bank of America.

Though the ultra-HD TVs with a resolution of 3840 x 2160 pixels are still a niche product, growth in 4K content is expected to help boost awareness with consumers this year.

BofA analysts have Best Buy lined up with a Buy rating.