Elon Musk: Without This Company, "Civilization Will Crumble"
Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...
| Open | 99.5 | Prev Close | 99.07 |
| High | 100.36 | Low | 98.81 |
| Volume | 2,319,243 | Volume (Avg) | 3,180,135 |
| 52 Week High | 123.44 | 52 Week Low | 47.87 |
| Market Cap | 29.4B | PE Ratio | 17.42 |
General
| Name | Best Buy Co., Inc |
| Ticker | BBY |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Specialty Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | February |
About Best Buy Co., Inc
Best Buy Co., Inc. retails technology products in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing and peripherals, e-readers, networking products, tablets, and wearables, as well as mobile phones comprising related mobile network carrier commissions; consumer electronics, including digital imaging, health and fitness, home theater, portable audio, and smart home products; and entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products. The company's stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; and other products, such as beverages, snacks, and sundry items, as well as baby products, luggage, and sporting goods. In addition, it provides services comprising consultation, design, delivery, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and Websites under the BestBuy, Best Buy Express, Best Buy Mobile, Geek Squad, Best Buy Health, CST, GreatCall, Lively, Magnolia, Pacific Kitchen, Home, greatcall.com, bestbuy.ca and bestbuy.com.mx brands, as well as through mobile applications and call centers. As of February 1, 2020, it had approximately 1,175 large-format and 56 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.
Highlights
| Analyst Target | 116.90 |
| Market Cap | 29,359,181,824 |
| PE Ratio | 17.42 |
| PEG Ratio | 1.57 |
| EBITDA | 3,507,000,064 |
Valuation
| Trailing PE | 16.58 |
| Forward PE | 15.48 |
| Price/Sales (Trailing 12 Mt.) | 0.62 |
| Price/Book (Most Recent Quarter) | 6.27 |
Technicals
| Beta | 1.50 |
| 52 Week High | 123.44 |
| 52 Week Low | 47.87 |
| 50 Day Average | 111.17 |
| 200 Day Average | 110.94 |
Dividend
Best Buy Co., Inc pays out a dividend of $2.35 per share, with a dividend yield of 3.64%.
BBY's last dividend payment was made to shareholders on April 8, 2021.
They pay out 20.61% of their earnings out as a dividend.
Recent Dividends
| Jul 11, 2024 | $0.94 |
| Apr 11, 2024 | $0.94 |
| Jan 2, 2024 | $0.92 |
| Oct 10, 2023 | $0.92 |
| Jul 6, 2023 | $0.92 |
| Apr 13, 2023 | $0.92 |
| Jan 3, 2023 | $0.88 |
| Oct 11, 2022 | $0.88 |
Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President
Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.
Mideast Tensions latest: Gold Apollo says a Budapest company made exploding pagers under its brand
Taiwanese company Gold Apollo said Wednesday that it authorized its brand on the but that another company based in Budapest manufactured them.
New "Living Missile" to Replace Nuclear Missiles - Ad
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
China's economy softens in August as Beijing continues to grapple with lagging demand
BEIJING (AP) — China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.
DHL sues MyPillow, alleging company founded by Mike Lindell owes $800,000
MINNEAPOLIS (AP) — Package is suing MyPillow, alleging the company synonymous with its founder, chief pitchman and election denier Mike Lindell owes nearly $800,000 for unpaid bills.
September 23 - The Biggest Crypto Event in History - Ad
According to the man who called every major market top and bottom for the last 29 years... A single event triggering on September 23rd will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.
Turkey's Spy Chief Meets With Hamas To Discuss Cease-Fire In Gaza: Reports
Turkey's intelligence chief met with Hamas in Ankara to discuss Gaza ceasefire negotiations, as Turkey denounces Israel's assault and conducts intensive diplomacy.
Elon Musk And Oracle's Larry Ellison 'Begged' Jensen Huang For Nvidia GPUs At A Dinner: 'Please Take Our Money'
Larry Ellison and Elon Musk recently implored NVIDIA Corp CEO Jensen Huang for additional GPUs during a dinner at Nobu Palo Alto.
4 Cryptos Set to Outperform Bitcoin in 2024 - Ad
Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.
Starmer and Meloni holding talks on curbing migrant boats reaching UK and Italy
ROME (AP) — U.K. Prime Minister is meeting Italian in Rome on Monday, as the two very different politicians, from left and right, seek common cause to curb .
Russian President Says Ukraine's Use Of Long-Range Missiles Would Signal That US And NATO 'Are At War With Russia'
Russia, the world's largest nuclear power, is currently revising its nuclear doctrine and considering curbs on major commodity exports.
Oil Surge Predicted...But Are You Ready? - Ad
Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.
Cryptocurrency Pepe Up More Than 3% In 24 hours
Over the past 24 hours, Pepe's (CRYPTO: PEPE) price has risen 3.08% to $0.0000076. This is contrary to its negative trend over the past week where it has experienced a 17.0% loss, moving from $0.0000089 to its current price.
Postal Service insists it's ready for a flood of mail-in ballots
U.S. Postmaster General Louis DeJoy assured state election officials in a letter released Monday that he'll work with them to handle their warnings of problems with election mail delivery during the primary season, while insisting that the Postal Service will be ready for the flood of mail-in ballots ahead of the November election.
Revealing Index Soars 49% - Smart Investors Are Moving In - Ad
The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.
Amazon is requiring workers to be in the office five days a week starting next year
is reverting to its pre-pandemic policy and will require corporate employees to be five days a week starting next year, CEO Andy Jassy said Monday.
Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict
A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.
Prepare for President Kamala - Ad
I won't be voting for her. Even so, I'm worried VP Kamala Harris could pull off a victory and become our next president. And it would be much worse than anything you might expect--especially when it comes to your money. Because likely WON'T get a second chance at recovering the money you stand to lose if she takes power.
No 'Razzle-Dazzle' With Latest iPhone, But Apple Wowed With These 2 'Glowtime' Announcements, Says Gurman
Apple, Inc. unveiled iPhone 16 at the Glowtime event last week did not live up to the hype but it made up for some of the disappointment with its hearing aid and health upgrades, said Bloomberg's Mark Gurman on Sunday.
Advisors Brace For Fed Rate Cuts: Shifting Bond Strategies To Balance Yield And Risk
Americans must adjust bond and income portfolios as Fed cuts rates. Advisors reassess fixed-income strategies amid varying market approaches.
Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL) - Ad
Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple, not even Nvidia. Nope -- his research is pointing to a tiny, under-the-radar stock that's trading for just a few dollars right now... And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.
Pope Francis Criticizes Both Trump And Kamala Harris For Supporting Abortion, Urges Catholics To Vote For 'Lesser Evil'
Pope Francis expressed concerns over U.S. presidential candidates' positions on abortion and migration, urging American Catholics to vote for the "lesser evil" in the upcoming elections.
Utility ordered to pay $100 million for its role in Ohio bribery scheme
An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal.
Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad
In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.
Best Buy's Growth Will Be Driven By AI And Margin Expansion Despite Mixed Sector Challenges: Analysts
Best Buy beats expectations in Q2 with EPS of $1.34 and sales of $9.29B. Analysts raise price targets and EPS estimate for 2025.
Bitcoin, Ethereum, Dogecoin Pump 5%: Here's What Wednesday's Fed Rate Cut Decision Could Mean For Crypto
Cryptocurrency markets are bracing for the Federal Reserve’s decision on Wednesday whether to cut interest rates by 25 or 50 basis points.
Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad
Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.
Ford To Roll Out Limited Edition Street Legal Race Car Variant Of Mustang As Early As This Year
Dearborn-based Ford Motor is looking to start production of a high-performance race car variant of the Mustang for street use as early as this year.
Tesla's Chinese Competitor NIO Begins Deliveries Of New ES8 In Europe Amid EU Tariff Concerns: Report
NIO has reportedly started delivering the new ES8, built on the NT 2.0 platform, in Europe, following the SUV's launch three months earlier.
A 10,000% Dividend?!? - Ad
Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.
Volkswagen Recalls Every ID.4 SUV in U.S. for Door Malfunction Concerns
German automaker Volkswagen is recalling 98,806 of its ID.4 electric SUVs in the U.S. citing concerns about the door handles opening unexpectedly, the U.S. National Highway Traffic Safety Administration said on Tuesday.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to .
4 Steps to Survive the Coming Market Crash - Ad
There are massive cracks forming right below the surface of our "shining city." These cracks are a symptom of a much bigger problem that threatens the very foundation of our country. Things are starting to unravel at a fast pace, as America sees worst economic hell our country has ever been in.
Sri Lanka's plantation workers live on the margins. But politicians still want their votes
SPRING VALLEY, Sri Lanka (AP) — Whoever Sri Lanka's is, Muthuthevarkittan Manohari isn't expecting much to change in her daily struggle to feed the four children and elderly mother with whom she lives in a dilapidated room in a tea plantation.
Fortified bouillon cubes are seen as a way to curb malnutrition in Africa as climate worsens hunger
IBADAN, Nigeria (AP) — In her cramped, dimly lit kitchen, Idowu Bello leans over a gas cooker while stirring a pot of eba, the thick starchy West African staple made from cassava root. Kidney problems and chronic exhaustion forced the 56-year-old Nigerian woman to retire from teaching, and she switches between cooking with gas or over a wood fire depending on the fuel she can afford.
Could You Retire on a Single AI Stock (Trading for Only $15)? - Ad
Imagine what the perfect AI stock would look like...forefront of AI trend...virtual monopoly in its market... exempt from federal taxes. As you're about to see, this perfect AI stock does exist, and is currently trading for only $15. With just one investment, you could potentially set yourself up for massive financial gains.
Mark Zuckerberg Says He Is Done Apologizing, Reveals One Of The Biggest Mistakes Of His Career
Meta CEO Mark Zuckerberg says he has grown tired of taking on too much ownership of problems beyond his or his company's control.
Jeff Bezos Had A Habit Of Keeping An Empty Chair For The Most Important Person In The Room At Company Meetings: This Strategy Helped The Amazon Founder Build The E-Commerce Giant We Know Today
Jeff Bezos built Amazon into an e-commerce giant by prioritizing customer satisfaction, symbolized by an empty chair in meetings representing "The Customer" as the most important person, which has significantly contributed to the company's success.
U.S. Loses to China in Shocking WAR GAMES - Ad
Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.
Elon Musk has often inflamed politically tense moments, raising worries for the US election
NEW YORK (AP) — Hours after an on Donald Trump's life over the weekend, took to his social platform X to post a thinking emoji and a comment that “no one is even trying to assassinate” the Democratic president and vice president.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.