Loading...
Loading...
On
CNBC's Fast Money, Steve Grasso spoke about his long position in
Best Buy Co IncBBY.
Grasso said that the company has huge upgrade cycles in 4K televisions, televisions across the board, SmartWare, iPhone and GoPro. He showed the price action on the long-term chart and explained that the stock has bottomed in 2013. Grasso added that many people on the Wall Street, including him, believe that
Best Buy is going to test all-time highs.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in