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Karen Finerman Recommends Best Buy (BBY)
Friday, April 9, 2010 - 7:19pm | 126Karen Finerman said on CNBC's Fast Money that she likes Best Buy (NYSE: BBY). She named few events that could influence positively this company, including distribution of 3D plasma TV's and iPads. When buying a stock, Karen Finerman always looks at valuation and Best Buy (BBY) is very attractive by...
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Fast Money Picks For April 12th (C, BBY, MMM, FLR)
Friday, April 9, 2010 - 6:50pm | 156Steve Grasso said on CNBC's Fast Money that he likes Citigroup (NYSE: C). He owns the stock and will continue to add to his position, because he sees the whole sector going higher. Citigroup (C) gained 1.79% today, and it closed at $4.55. Karen Finerman believes that Best Buy (NYSE: BBY) is a buy...
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Bulls Continue to Bet on Best Buy
Friday, April 9, 2010 - 12:16pm | 124Bulls Continue to Bet on Best Buy A few days ago I highlighted extremely bullish call buying across multiple months and multiple strikes in Best Buy (NYSE: BBY). Today the action is continuing with the September contracts in demand. The Sept $55 calls were purchased over 2,500 times on the offer...
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Bullish Bets Bolster Best Buy
Wednesday, April 7, 2010 - 4:45pm | 197Alliteration aside, Best Buy (NYSE: BBY) received a lot of bullish call buying throughout the day today. The most bullish of volume came on the May $48 calls strike, where nearly 11,000 contracts were purchased on the offer in two large blocks for $0.38-0.40. There was also a sizeable amount of...
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The Retail ETF Is Banking On Positive Reports From Retailers This Week
Monday, April 5, 2010 - 6:53pm | 2126“Several retailers are reporting earnings this week and positive sentiment from these companies will continue to fuel the year-to-date rise in the SPDR S&P Retail ETF (NYSE: XRT). (XRT) rose by 16% in the year through March and this performance was strong enough to earn it a spot on my list of...
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Fast Money Picks For April 6th (TOT, EL, BBY, LOW)
Monday, April 5, 2010 - 6:22pm | 158CNBC Fast Money's Tim Seymour thinks that investors should buy TOTAL S.A. (ADR) (NYSE: TOT) on Tuesday. Total (TOT) added 0.91% today and closed at $59.89. Joe Terranova is bearish on The Estee Lauder Companies Inc. (NYSE: EL). He thinks you should take a short position in this stock tomorrow. The...
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Fast Money Picks For April 5th (PBR, YUM, BBY, BPOP)
Thursday, April 1, 2010 - 7:39pm | 133CNBC Fast Money's Tim Seymour thinks that it would be wise to buy Petroleo Brasileiro SA (ADR) (NYSE: PBR) on Monday. Petrobras (PBR) gained 1.98% today and closed at $45.38. Guy Adami likes Yum! Brands, Inc. (NYSE: YUM) and Karen Finerman recommends Best Buy Co., Inc. (NYSE: BBY). Yum! (YUM)...
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What Are The Chances Of Best Buy Acquiring RadioShack? (BBY, RSH)
Tuesday, March 30, 2010 - 12:20pm | 161The New York Post is reporting that RadioShack (NYSE: RSH) may put itself up for sale and that one potential acquirer is Best Buy (NYSE: BBY). The reason that Best Buy might be interested in an acquisition is because it is looking to expand their footprint in the wireless and handheld businesses....
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There Are Still Some Bargains In The Market; Barron’s (LLY, PFE, GS, MS, CVX)
Monday, March 29, 2010 - 6:41pm | 496According to a report by Barron’s, despite the rally in the S&P 500, which has been up 70% since March 2009, there are still some bargains in the market. There still some companies trading at a multiple of less than 10 times their projected 2010 earnings. Barron’s list includes 19 such stocks...
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Market Roundup (ERIC, CHL, CHU, BAIRY.PK, CSCO, BBY, C, MS)
Monday, March 29, 2010 - 3:12pm | 289Ericsson (NASDAQ: ERIC) has signed a $1 billion deal with China Mobile (NYSE: CHL) to provide a radio access network and technology and an $800 million deal with China Unicom (NYSE: CHU) to provide a faster, third-generation network to consumers. The cabin-crew union of British Airways (OTC: BAIRY...
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Best Buy And RadioShack Merger Possibilities? (BBY,RSH)
Monday, March 29, 2010 - 10:44am | 156Shares of electronics retailer RadioShack Corp. (NYSE: RSH) surged last week after a Reuters release said that "the company is exploring alternatives including a share buyback or a possible sale of the company that could net more than $3 billion." According to the New York Post, investment bankers...
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Gainers And Losers On March 26 (ABIO, VTIV, FINL, GLG, LSE, CPWM, RSH, ATAC, SNX)
Monday, March 29, 2010 - 8:12am | 316Friday again ended up, even if slightly, making it the fourth consecutive week to end higher. The stocks that made impressive movement in the US stock market are: Gainers Arca Biopharma Inc (NASDAQ: ABIO) soared about 210% to $8.22, after the biotech company announced that it has received patents...
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RadioShack Surges On Buyout Rumors (RSH)
Friday, March 26, 2010 - 4:44pm | 121Shares of electronics retailer RadioShack Corp. (NYSE: RSH) surged 8.49% today to $23.65 after a Reuters release said that "the company is exploring alternatives including a share buyback or a possible sale of the company that could net more than $3 billion." According to the New York Post,...
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CL King & Associates Reiterates Gamestop (GME) Strong Buy Rating
Friday, March 26, 2010 - 12:15pm | 166CL King & Associates analyst William R. Armstrong reiterated his Strong Buy rating for shares of video and computer games retailer Gamestop Corporation (NYSE: GME), with a price target of $29. Gamestop Corporation is rapidly expanding the number of kiosks it operates where downloadable content...
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Benzinga’s Top Downgrades (BBY , CWTR, BKE, LPL, ROST)
Friday, March 26, 2010 - 9:55am | 248Best Buy Co Inc (NYSE: BBY) was downgraded by FBR Capital from “market perform” to “underperform.” BBY closed at $42.66 yesterday. BBY has a 52-week trading range of $31.03-$45.39. Read more about this company here. JP Morgan downgraded Coldwater Creek Inc (NASDAQ: CWTR) from “overweight” to “...