Wednesday, January 22, 2014
Best Buy's Dip Is A Great Opportunity
Posted by Saj Karsan
It was with a heavy heart that I sold my shares of Best Buy in October. Though I had great confidence in new management's ability to continue to improve operations, the company's share price was near fair value in my estimation, and I don't like to own companies without a margin of safety. Since that article in October, however, Best Buy's (BBY) shares are down 43%, offering up another opportunity to own this company at a discount to its intrinsic value.Read more...
Labels: Best Buy