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%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

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
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »