Not all retailers stink! Best Buy stock is highest since 2006

Remember the jokes about Best Buy being Amazon's showroom? That's no longer the case. Best Buy is thriving thanks to solid sales of video games and phones. The stock is now trading at its highest level since 2006.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+70.53   +42.24   +10.68
21,082.95   6,205.26   2,415.07
+0.34%   +0.69%   +0.44%
YTD +6.68%   YTD +15.27%   YTD +7.87%
 
Biggest Winners
Best Buy Co Inc +21.48%
 
PVH Corp +4.84%
 
CSRA Inc +4.62%
 
Ulta Beauty Inc +4.47%
Biggest Losers
Signet Jewelers Ltd -7.76%
 
Transocean Ltd -7.57%
 
Marathon Oil Corp -7.09%
 
Chesapeake Energy Corp -6.67%
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Oil $48.76 -0.14 / -0.29%
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Euro $1.12 -0.00 / -0.05%
News: What you need to know about the markets
 
 
Not all retailers stink! Best Buy stock is highest since 2006
Remember the jokes about Best Buy being Amazon's showroom? That's no longer the case. Best Buy is thriving thanks to solid sales of video games and phones. The stock is now trading at its highest level since 2006. Read more »
 
Trump wants to drill for oil in Alaska's fragile wildlife refuge
President Trump wants to allow Big Oil to "drill, baby, drill" in Alaska's fragile Arctic wildlife refuge. Read more »
 
Trump wants at least 6 million people off welfare
Trump is aiming to get at least 6 million Americans off government aid and into full-time jobs. Liberals call this cruel. Conservatives call it overdue. A lot of economists call it magical thinking. Read more »
 
Does anyone shop at Sears? Sales plunge again
Sears reported another giant drop in sales at both its Sears and Kmart chains. The stock may be surging on hopes that the company will avoid bankruptcy, but the company needs a real strategy to get customers back in the stores. Read more »
 
China has a huge debt problem. How bad is it?
Credit rating agency Moody's has drawn renewed attention to the growing debt mountain in the world's second-largest economy. Read more »
 
OPEC aims to extend supply curbs as oil glut persists
Energy ministers from OPEC and other major producers will decide whether to extend production cuts during a meeting in Vienna on Thursday. Read more »
 
 
 
 
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