The Latest Breaking News from BBY

As consumer electronics retailers navigate a shifting landscape marked by evolving technology and changing consumer habits, Best Buy (NYSE:BBY) finds itself at a pivotal juncture.

As consumer electronics retailers navigate an increasingly competitive landscape, companies like Best Buy Co., Inc. (NYSE:BBY) face mounting challenges in maintaining profitability. Amid shifting consumer preferences and the pressure of industry-wide promotions, investors and analysts closely watch financial performance and strategic moves to gauge future prospects.

These three dividend stocks with high yields, strong growth, low payout ratios, and solid analyst ratings make the cut for income and stability.

Though Best Buy has lagged behind the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

For the midweek session on Wednesday, Vertiv Holdings Co (NYSE:VRT) — which provides critical infrastructure for data centers and communication networks — happens to be one of the biggest losers among large-capitalization stocks. During the early afternoon session, VRT dropped more than 5%. Of course, with Vertiv being one of…

To little surprise, big-box retailing giant Best Buy Co Inc (NYSE:BBY) has been one of the worst-hit entities due to President Donald Trump's trade policies, especially surrounding tariffs. As Reuters mentioned earlier this year, approximately 60% of the retailer's total annual cost of goods sold is exposed to China. Combined…

Although Best Buy has lagged behind the Dow over the past year, analysts remain moderately optimistic about the stock’s prospects.

These stocks still have more room to run.

Best Buy has significantly underperformed the broader market over the past year, yet analysts remain moderately optimistic about the stock’s prospects.

Best Buy will release its first-quarter earnings next month, and analysts anticipate a low double-digit profit dip.

Best Buy has underperformed the Nasdaq over the past year, but analysts are moderately optimistic about the stock’s prospects.