Best Buy Takes the Long View, and Wall Street Glares

Best Buy (NYSE: BBY) CEO Hubert Joly says his company is now focused on growth -- which is a fairly impressive statement for a company that most pundits saw as doomed just a few years ago. In this Market Foolery podcast segment, host Mac Greer is joined by David Kretzmann and Aaron Bush of Supernova and Rule Breakers to consider the strategies that have brought the retailer back over the past five years, and its plans for the future -- which, admittedly, are likely to cause some near-term pain on the bottom line.

A full transcript follows the video.

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Source: Fool.com