Best Buy to see positive comps sales as AI-enabled laptops fuel replacement cycle (BBY)
2024-07-07
As the four-year, post-COVID replacement cycle nears and as industry trends paint an upbeat outlook to the consumer electronics segment, Best Buy’s (NYSE:BBY) stock price could surpass $95 as a return to positive comparable sales fueled by the offering of AI-enabled PCs will likely act as a catalyst for shares.Continue Reading
