Reported 2 days ago
The stock market has been significantly volatile, and Best Buy (BBY) stock has fallen about 37% over the past six months, prompting discussions about whether now is a good opportunity to invest. Experts highlight that the stock may be undervalued but caution against its vulnerability to tariffs on Chinese imports and the risk of a looming recession, which could further impact sales. Additionally, they note the challenge of market timing, recommending a dollar-cost averaging approach instead for potential investors.
Source: YAHOO