Stock Of The Day: Is Best Buy About To Reverse?

Best Buy Co., Inc. BBY shares are lower again Friday. This comes after yesterday's drop of almost 18%. But stocks don't go down forever. Some traders expect a reversal and move up if the stock can hold an important level.Best Buy is extremely oversold and trading close to support. These dynamics could set the stage for a move higher. This is why our trading team has made it our Stock of the Day.Most of the time, a stock stays within its normal trading range. But if traders and investors become emotional and ...