Why Did Best Buy Surge This Week?
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.
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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