Furthermore, researchers also believe that prices for large electronics and product lifecycles within the industry will continue to drop along with technology catering to early adopters [Exhibit 2]. Best Buy can exploit this ch...
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... the level of scope in terms of a variety of brands and electronic products. This makes Best Buy unique in type, which we feel could be utilized to make it a one-of-a-kind store for all your technological needs. This could bring about a major turnaround for the firm, creating value for shareholders.
Finally, we feel that Best Buy is making valued progress in terms of bringing about their own turnaround. From their 10-K annual report, it becomes clear that they are very aware of, not only their own situation, but the changes in the environment and industry as well. Their thorough investigations and awareness give us hope that they will continue to improve in the future. This has led us to conclude that investing in Best Buy would be a sound and beneficial decision, as we feel that they are on the edge, just beginning their big comeback into profitability and growth.
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