Best Buy Stock Has a Lot to Prove on Tuesday
One of retail's most surprising success stories is Best Buy (NYSE: BBY). Consumer electronics chains big and small have faltered, but Best Buy is going where no Circuit City or RadioShack has gone before by competing against Amazon.com (NASDAQ: AMZN) and living to tell the tale.
Shares of Best Buy are on fire. The stock has soared 45% so far this year, hitting yet another all-time high in intraday trading on Thursday. It's against this bullish backdrop that Best Buy will step up with fresh financials, reporting its fiscal second-quarter results on Tuesday morning.
Source: Fool.com
Amazon.com Inc. Stock
The stock is one of the favorites of our community with 161 Buy predictions and 3 Sell predictions.
As a result the target price of 198 € shows a slightly positive potential of 7.34% compared to the current price of 184.46 € for Amazon.com Inc..