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Sunday, November 22nd, 2009

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Circuit City’s Demise Is Great News For Best Buy (BBY)

Jan 19th, 2009 | By Andrew Snyder | Category: Stock Market Investing

Circuit City was the latest bankruptcy domino to fall last week. Andrew Snyder says more big-name retailers could soon follow. But this is just the economy working as it should. The weak fail and the strong just get stronger. Andrew says the fall of Circuit City is great news for Best Buy (NYSE:BBY), who will become clear market leader once this crisis is over.

Tags: Andrew Snyder, Bankruptcy, BBY, BGP, BNT, Circuit City, Gottschalk’s, retail slump, US stocks
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