Avoid This Value Trap
The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Mike Olsen, Jason Moser, and Joe Magyer, discuss the latest business news. Best Buy reported better-than-expected quarterly earnings, and shares rose on the news. With the stock recently hitting a five-year low, is now the time to buy? In this segment, the guys analyze Best Buy's challenges and share why, despite the low valuation, investors should continue to steer clear of the stock.
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At the time this article was published Chris Hillowns no shares of any of the companies mentioned. The Motley Fool owns shares of Amazon.com and Best Buy.Motley Fool newsletter serviceshave recommended buying shares of Amazon.com and writing puts on Barnes & Noble. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.