Why Best Buy (BBY) Won’t Go The Same Way As Circuit City (CC)
Nov 12th, 2008 | By Paul Moore | Category: Stock Market InvestingElectronics retailer Best Buy (NYSE:BBY) slashed its full-year outlook today, saying it was “the most difficult climate we’ve ever seen.” But Paul Moore says Best Buy isn’t likely to head the same way as mismanaged Circuit City (NYSE:CC). In fact, BBY should even get a lift from the bankruptcy of its main rival just before the holiday season.