Tuesday, August 23, 2016

Best Buy Has Solid Results

Gloom & Doom - Not!

Best Buy had very good results this morning (
Best Buy Reports Better-Than-Expected Second Quarter Results
) and is trading up over 10%. It shows the "experts" really don't know.  Look at some of the headlines:

  1. Is The End Near For Best Buy Co Inc 
  2. Mild Expectations For Best Buy

Best Buy's Mounting Troubles

Here is how my December tranche will  look if BBY pops 10% today:

 12/31/15 Stocks   Start   Current   Dividend   Pct Gain   R3K Gain 
 BBY  $30.31 $36.08 $1.01 22.4% 7.8%
 GME  $28.34 $31.46 $0.74 13.6% 7.8%
 IILG  $15.89 $17.86 $0.24 13.9% 7.8%
 PPC  $22.22 $23.88 $2.75 19.9% 7.8%
 VIAB  $40.93 $41.74 $0.80 3.9% 7.8%
 Totals  14.7% 7.8%


Corpraider said...

How about a + 20%? That was perfectly discounted by the market though...QVAL and other MFI-esque vehicles also starting to flex their muscles.

Corpraider said...

Also, what would VIAB do if tomorrow the WSJ front page read "Les Moonves takes over as CEO of Viacom," +~20%?

Marsh_Gerda said...

I think the VIAB spike is quite possible. LCI is up a ton this morning. MFI tracking portfolios are now leading benchmarks. it is nice to see some planted seeds bear fruit.

Steven Degrijse said...

Keep up the good work!

Steven Degrijse said...
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