Best Buy Remains Highly Vulnerable To E-Commerce

Thomas De Wever/iStock Editorial via Getty ImagesOverview Best Buy (NYSE:BBY) has outpaced the S&P 500 (SPY) in total return since my initial coverage of the stock back in November of 2023. While I still remain unimpressed by the company's fundamental business model, I am, however, impressed by the upward price movement over the last 6-month period. The price movement can likely be attributed to the last earnings report, where revenue and EPS came in stronger than expected. The price spike led me to thi ...