Best Buy Co Inc
Stocks poised for near-term rally after S&P 500 flirts with bear market, but selling is not over
The stock market’s bounce back from the brink of a bear market has set up the potential for a near-term rally, but there could be more pain in store for stocks this summer, say strategists who follow price charts. Friday’s sharp intraday drop to a low on the S & P 500 of 3,810 was […]
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Cramer’s week ahead: Stocks can’t stage ‘meaningful’ comeback until major obstacles are resolved
CNBC’s Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved. “If we want the market to stage a meaningful comeback, we need China to reopen, Russia to withdraw from Ukraine, and the [Federal Reserve] to curb-stomp inflation with a 100-basis point […]
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Jim Cramer says to consider these five high-yielding stocks to upgrade your portfolio
CNBC’s Jim Cramer on Monday gave investors a list of five “accidentally high yielders” that he believes will provide investors refuge in the currently unpredictable market. “At the depths of the [2008] financial crisis, you got an amazing opportunity to buy the accidentally high yielders … real companies with stable dividends that had seen their […]
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Best Buy, known for selling TVs and smartphones, expands into beauty gadgets and patio furniture
Electric bikes. Patio furniture. Beauty gadgets. Best Buy is adding merchandise that might surprise shoppers who typically think of its stores and website as a place to buy smartphones, laptops and TVs. The company said Friday it has begun to carry about 100 skin-care devices, including a facial steamer and at-home tool for microdermabrasion, at […]
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year. Source
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Keep an eye on these 9 beaten-down retail stocks, Jim Cramer says
CNBC’s Jim Cramer on Friday offered a list of nine discounted retail stocks that he believes could be great additions to investors’ portfolios. “Today we saw many of these discounted retailers rally nicely, but it will take many more days like today before these stocks come close to being expensive again. So, I would give […]
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Berkshire’s large stake in HP ‘exemplifies’ Best Buy’s optimistic view, CEO says
Berkshire Hathaway’s roughly $4.2 billion investment in HP Inc. supports Best Buy’s viewpoint that consumer demand for upgrades to their technology will sustain, chief executive Corie Barry told CNBC’s Jim Cramer on Thursday. “I can’t tell you what [Berkshire CEO] Warren Buffet’s thinking, but I think his investment exemplifies our general point, which is, people […]
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Jim Cramer says investors should buy these 11 recently-boosted dividend stocks
CNBC’s Jim Cramer on Thursday offered investors a list of dividend stocks with yields that recently increased, that he believes buyers should add to their portfolio. Dividends are a generally “unassailable defense against a volatile market,” the “Mad Money” host said, which means that they can be attractive additions to the portfolio of an investor […]
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