Best Buy Co. (BBY) Shares are Up 3.06%

Best Buy Co. (BBY) : Traders are bullish on Best Buy Co. (BBY) as it has outperformed the S&P 500 by a wide margin of 19.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.52%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.06% in the last 1 week, and is up 16.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 10.13%.The 200 Day SMA reached 22.01% Best Buy Co., Inc. is up 26.35% in the last 3-month period. Year-to-Date the stock performance stands at 29.73%.


Best Buy Co. (BBY) : Currently there are 12 street experts covering Best Buy Co. (BBY) stock. The most bullish and bearish price target for the stock is $45 and $21 respectively for the short term. The average price target of all the analysts comes to $37.63. The estimated standard deviation from the target is $7.46.

Company shares have received an average consensus rating of Hold for the current week Best Buy Co. (NYSE:BBY): The stock opened at $37.66 and touched an intraday high of $38.08 on Friday. During the day, the stock corrected to an intraday low of $37.47, however, the bulls stepped in and pushed the price higher to close in the green at $38 with a gain of 0.85% for the day. The total traded volume for the day was 5,390,008. The stock had closed at $37.68 in the previous trading session.

Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers service to the consumers, small business owners and educators, who visit its stores, engage with Geek Squad agents or use its Websites or mobile applications. It has retail and online operations in the United States, Canada and Mexico. It operates through two segments: Domestic and International. The Domestic segment consists of all operations within the United States and its territories, operating e-commerce, retail store and call center operations under a range of brand names, including, Best Buy (, Best Buy Mobile, Geek Squad, Magnolia Audio Video and Pacific Sales. The International segment consists of all operations outside the United States and its territories. In addition, the Company operates Magnolia Home Theater, Magnolia Design Center and Pacific Kitchen and Home store-within-a-store experiences in the United States Best Buy stores.

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