Best Buy Co., Inc.’s (BBY) MACD indicator has moved into bearish territory with a reading of –0.8618. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2.02% to $12.14 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 32 cents over the past month to $2.53 per share.
BEST BUY (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment