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NYSE: BBYBest Buy co (BBY) stock, explained like you're 5
Best Buy co trades on the New York Stock Exchange under the ticker BBY. It is a large cap company in the specialty retail industry, part of the consumer cyclical sector, with a market value of about 18.5 billion dollars.
- Ticker
- BBY
- Exchange
- New York Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Size
- Large cap, about 18.5 billion dollars
How Best Buy co makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves BBY stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- Is Best Buy’s (BBY) Moat Narrowing as Electronics Move Online for Good? (Yahoo Finance)
- A Look Back at Specialty Retail Stocks’ Q2 Earnings: Best Buy (NYSE:BBY) Vs The Rest Of The Pack (StockStory)
- Best Buy (NYSE:BBY) Stock Gets Price Target Bump from Evercore (MarketBeat)
- Best Buy Co. Inc. stock outperforms competitors despite losses on the day (MarketWatch)
- Best Buy: Looking Like A Great Bargain Now With Rising Comps (Upgrade) (NYSE:BBY) (Seeking Alpha)
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Questions about Best Buy co stock
What does Best Buy co do?
Best Buy co trades on the New York Stock Exchange under the ticker BBY. It is a large cap company in the specialty retail industry, part of the consumer cyclical sector, with a market value of about 18.5 billion dollars.
What is the ticker symbol for Best Buy co?
Best Buy co trades under the ticker BBY on the New York Stock Exchange.
How does Best Buy co make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves BBY stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow BBY stock every day?
Add BBY to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in plain English.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.