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  Three good reasons to expect from Best Buy
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Dave  
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 More options Mar 24 2010, 12:32 am
From: Dave <tomahawkc...@gmail.com>
Date: Tue, 23 Mar 2010 21:32:27 -0700 (PDT)
Local: Wed, Mar 24 2010 12:32 am
Subject: Three good reasons to expect from Best Buy
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Many Institutions Upgrade Best Buy to $44, $45, $47 and until $48.00
but I didn`t read why?
Well here is my personal opinion
Everybody knows that the profit selling Electronics products is very
low but sales are too big.

Reasons to expect better beneficts than expectet on this quater:

1. The strengh Dollar will benefit the profit to any store that import
from Asia
◘ Buying same products at lower prices and selling at the same prices
than before. ◘Here is the key.

2. Retails Sales Dated Marh 12 (Jan): Prior 0.5%  / Consensus -0.2% /
Actual 0.3%
But at the sub-Indices the best improved was Electronics, take a look:
Automotive  -0.2%
Furniture  +0.7%
◘ Electronics  + 3.7%
Construction Materials  +0.5%
Food  +1.3%
Health Care -0.7%
Gas +0.3%
Clothe +0.6%
Sport Stablishments +1.2%
Others +2.5%

3. Consumer Credit have been increased for firts time in one year 2.5%
to 5 Billion.
So consumer spending is just starting
1st Necessary products
2nd Automotive
3rd Houses

Regards / David


 
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