Circuit City's Bankruptcy Is Great News for Best Buy [View article]
I see BBY making it through this period bloody but stronger. Some of the internal management initiatives (proprietary) are still effective, and will continue to bear fruit in subsequent quarters.
With BBY trading at close to its intrinsic value and far stronger than its principal competitors, 9X earnings seems a reasonable entry point.
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I see BBY making it through this period bloody but stronger. Some of the internal management initiatives (proprietary) are still effective, and will continue to bear fruit in subsequent quarters.
Nov 12 11:34 am
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All Comments by billddrummer »Circuit City's Bankruptcy Is Great News for Best Buy [View article]
With BBY trading at close to its intrinsic value and far stronger than its principal competitors, 9X earnings seems a reasonable entry point.