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Is Best Buy Stock a Buy?

TheMotleyFool

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Best Buy (NYSE: BBY) was one of the most resilient brick-and-mortar retailers throughout the pandemic. Its sales of PCs and other consumer electronics soared as more people worked from home, while its timely e-commerce investments supported its accelerating digital sales.

But as the lockdowns ended and more people returned to work, Best Buy's growth stalled out. After closing at an all-time high of $134.11 per share last November, its stock price tumbled back to the low $70s.

Image source: Best Buy.

Source Fool.com

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