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A Best Buy (BBY -1.8%) buyout is unlikely, Oppenheimer's Brian Nagel writes, even though the...

A Best Buy (BBY -1.8%) buyout is unlikely, Oppenheimer's Brian Nagel writes, even though the situation is fluid and a deal is feasible. Ample cash flow and a still healthy balance sheet suggest BBY could support the added leverage associated with an LBO, he says, but potential PE buyers likely will be scared away by a declining business model.
Comments (3)
  • ChiquiLion
    , contributor
    Comments (24) | Send Message
     
    Before you declare a declining business model, I suggest you get yourself to one of the newly redesigned stores, and compare it to one you were at just a few years ago. If they continue with this roll-out, the changes would be stunning. These stores could make Best Buy a destination location once again.
    29 Aug 2012, 08:13 PM Reply Like
  • slickvguy
    , contributor
    Comments (498) | Send Message
     
    "Oppenheimer's Brian Nagel writes, even though the situation is fluid and a deal is feasible."

     

    Translation: I have no idea what will happen.
    30 Aug 2012, 07:09 AM Reply Like
  • J Mintzmyer
    , contributor
    Comments (3676) | Send Message
     
    These guys just say what's popular. It's very similar to politics....
    2 Sep 2012, 09:13 AM Reply Like
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