Today, Fool.com analysts Blake Bos and Isaac Pino look at some of the news that's sent Best Buy's shares surging this week. A slew of rumors and a little shakeup at the top have given investors reason to cheer, but Blake remains skeptical.
Best Buy operates in an increasingly difficult space -- bricks-and-mortar electronics retail. It's a business that Amazon may very well render obsolete before Best Buy can even begin the necessary steps in a turnaround.
Everyone knows Amazon is the big bad wolf in the retail world right now, but at its sky-high valuation, most investors are worried its share price will get knocked down, rather than those of its competitors. We'll tell you what's driving Amazon's growth, as well as how to know when to buy and sell this company, today in our new premium report. Our report also has you covered with a full year of free analyst updates to keep you informed as the story changes, so click here now to read more.
The article Why Did Best Buy Surge This Week? originally appeared on Fool.com.
Blake Bos and Isaac Pino have no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com, Best Buy, and RadioShack and is also short RadioShack. Motley Fool newsletter services recommend Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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