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No longer a Best Buy?

Why Best Buy is Going out of Business...Gradually. Or not - opposing view. 'Consider a few key metrics. Despite the disappearance of competitors including Circuit City, the company is losing market share. Its last earnings announcement disappointed investors. In 2011, the company’s stock has lost 40% of its value. Forward P/E is a mere 6.23 (industry average is 10.20). Its market cap down to less than $9 billion. Its average analyst rating, according to The Street.com, is a B-.' [more inside]
posted by VikingSword on Jan 6, 2012 - 143 comments

 
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