Best Buy Stock Has a Lot to Prove on Tuesday

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.

Image source: Best Buy.

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Source: Fool.com