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Best Buy Stores Closing

Not Buying Best Buy

Vitaliy N. Katsenelson | Posted 06.11.2012 | Business
Vitaliy N. Katsenelson

Best Buy is a retailer that so far has missed a structural change that may make its business obsolete. It is only cheap if the "E" projected for next year will be there. So far the market is betting that it won't, and I have no insight that encourages me to disagree with the market.