Best Buy (BBY) reports earnings Tuesday August 29th before the open.

It has beaten earnings for the past 15 quarters.

The stock beats EPS by 6% on average.

In May the stock went up 21% after reporting earnings.

In May Best Buy raised full year guidance, thanks to:

1. Gaming Devices like the Nintendo (NTDOY) Switch

2. Smart Home Devices like Google (GOOGL) Home and Amazon (AMZN) Alexa

3. Smart phones

We are long January 2018 calls because of new upcoming products in the fall like the Samsung (SSNLF) Galaxy Note 8 and the Apple (AAPL) iPhone 8.

» Subscribe to TwinsTalkStocks: http://bit.ly/SDTTS
About TwinsTalkStocks: Join 9 year old twins, Devin Kalel and Ashay Jorel, as they talk about the stock market. Whether you want to save up for college, buy a new car, make a down payment on a house, save up for a vacation, or just make some extra money to pay some bills, Twins Talk Stocks can help you!
Website: http://www.twinstalkstocks.com
Facebook: https://www.facebook.com/twinstalksto…
Instagram: https://www.instagram.com/twinstalkst…
Pinterest: https://www.pinterest.com/twinstalkst…
Venmo: https://venmo.com/TwinsTalkStock

Leave a Reply

Your email address will not be published. Required fields are marked *

*