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  • March 29, 2009 10:28 AM EDT by Brian Sullivan

    Stock Update: Best Buy Continues Its Run

    best-buy

    Shares of Best Buy (NYSE: BBY)continue their march higher.    Optimism about consumer spending recovering later in the year along with less competition helping the shares.

    The stock is now more than $15 per share higher than when I discussed the bullish case for the company back on December 4th.   Shares were around $22 bucks then and closed at just under $38 on Friday.

    I went to check out a Best Buy in my area today ... and it was packed.   Here are some photos from my cell phone of the Best Buy lot and the parking lot in general.   Lots of shoppers out today.

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Stock Update: Best Buy Continues Its Run · Stocks.ExplainedOnline.Net

[...] Original post by The Brian Sullivan Blog [...]

March 29, 2009 at 11:52 am

about this blog

  • Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block. Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.

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