News Formal

Buy Best Earnings Should Top Estimates. The Case for Buying the Stock.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The electronics retailers has beaten profit for 6 of the past seven quarters. Another one is likely.

Best Buy stock has been anything but a good buy in 2023—but its earnings report on Tuesday could mark a turning point for the shares.

Expecting earnings season to help Best Buy might seem quixotic. Strong reports haven’t done much for consumer stocks this quarter, with companies in the sector beating estimates by 22%, as of Aug. 18, according to Credit Suisse, but the retail ETF falling 9% from a late July peak. Worse yet, even companies that have topped forecasts are offering lukewarm guidance due to consumer pressures, causing shares to drop.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Use this period of weakness to buy the 'best beaten down stocks', says Jim Cramer'Mad Money' host Jim Cramer picks five more stocks that are good buying opportunities during periods of weakness.
ソース: CNBC - 🏆 12. / 72 続きを読む »

10 Best Undervalued Dividend Stocks to Buy Amid Shifting Fed Rate OutlookStocks Analysis by Investing.com (Jesse Cohen) covering: S&P 500, Chevron Corp, Coca-Cola Co, iShares Core S&P 500 ETF. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
ソース: Investingcom - 🏆 450. / 53 続きを読む »