Man Who Called Nvidia at $1.10 Says Buy This Now...

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Best Buy Co., Inc
NYSE:BBY
$99.9
Open 99.5 Prev Close 99.07
High 100.36 Low 98.81
Volume 2,319,243 Volume (Avg) 3,180,135
52 Week High 123.44 52 Week Low 47.87
Market Cap 29.4B PE Ratio 17.42

General

NameBest Buy Co., Inc
TickerBBY
ExchangeNYSE
SectorConsumer Cyclical
IndustrySpecialty Retail
CurrencyUSD
CountryUSA
Fiscal Year EndFebruary

About Best Buy Co., Inc

Best Buy Co., Inc. retails technology products in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing and peripherals, e-readers, networking products, tablets, and wearables, as well as mobile phones comprising related mobile network carrier commissions; consumer electronics, including digital imaging, health and fitness, home theater, portable audio, and smart home products; and entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products. The company's stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; and other products, such as beverages, snacks, and sundry items, as well as baby products, luggage, and sporting goods. In addition, it provides services comprising consultation, design, delivery, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and Websites under the BestBuy, Best Buy Express, Best Buy Mobile, Geek Squad, Best Buy Health, CST, GreatCall, Lively, Magnolia, Pacific Kitchen, Home, greatcall.com, bestbuy.ca and bestbuy.com.mx brands, as well as through mobile applications and call centers. As of February 1, 2020, it had approximately 1,175 large-format and 56 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

Highlights

Analyst Target116.90
Market Cap29,359,181,824
PE Ratio17.42
PEG Ratio1.57
EBITDA3,507,000,064

Valuation

Trailing PE16.58
Forward PE15.48
Price/Sales (Trailing 12 Mt.)0.62
Price/Book (Most Recent Quarter)6.27

Technicals

Beta1.50
52 Week High123.44
52 Week Low47.87
50 Day Average111.17
200 Day Average110.94

Dividend

Best Buy Co., Inc pays out a dividend of $2.35 per share, with a dividend yield of 3.64%.

BBY's last dividend payment was made to shareholders on April 8, 2021.

They pay out 20.61% of their earnings out as a dividend.

Recent Dividends

Jul 11, 2024$0.94
Apr 11, 2024$0.94
Jan 2, 2024$0.92
Oct 10, 2023$0.92
Jul 6, 2023$0.92
Apr 13, 2023$0.92
Jan 3, 2023$0.88
Oct 11, 2022$0.88
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