Why Retailer Shares Are Taking Flight
In the following video, Motley Fool consumer-goods analysts Blake Bos and Isaac Pino discuss some beaten-down retailers that took off today. Shares of Best Buy were up on news that the stock had received upgrades from a couple of analysts, and Office Depot and OfficeMax were in talks about a possible merger, leading to a jump in shares of office-supply retailers across the sector. Blake and Isaac discuss why analyst upgrades should be taken with a grain of salt, share why the electronics retailer sector may not be dead after all, and tell us what they think of the office-supplies sector as a whole.
The battle between brick-and-mortar businesses and e-business wages on, with Best Buy caught in the middle. After what might have been its most tumultuous year in history, there are now even more unanswered questions about the future for the big-box electronics retailer. How will new leadership perform? Will old leadership take the company private? Will a smaller store format work out for both the company and its brave investors? Should you be one such brave investor? To help answer all these questions, The Motley Fool has released a new premium research report detailing the opportunities -- and the risks -- in store for Best Buy. Simply click here now to claim your comprehensive report today.
The article Why Retailer Shares Are Taking Flight originally appeared on Fool.com.Blake Bos owns shares of RadioShack and has Long Jun 2013 $14 Calls on Best Buy. Isaac Pino, CPA has no position in any stocks mentioned. The Motley Fool owns shares of RadioShack and Staples and is also short RadioShack. 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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