Best Buy: Strong quarterly numbers and service growth drive the stock up!
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Expectations exceeded: The latest quarterly results show revenue and profit above average analyst estimates. Strategic shift: The expanded membership program and digital advertising revenues sustainably improve the operating margin. High trading volume: Accelerated buying interest from institutional investors supports the fundamental trend reversal. With around 1,000 locations in the USA and Canada, Best Buy is the undisputed market leader in North America's brick-and-mortar electronics retail sector. The company has radically reinvented...
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