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%



5 comments:

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.

Unknown said...

Keep up the good work!

Unknown said...
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