How To Value Valuation
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 24 May 2018
⏱️ 17 minutes
🧾️ Download transcript
Summary
Best Buy’s 1st-quarter same-store sales crushed expectations. So why is the stock dropping? Matt Argersinger analyzes Best Buy’s upcoming fiscal year and shares why consumer electronics might be on shaky ground. Plus, we discuss a potential catalyst for Chinese stocks and dip into the Fool Mailbag for a great question on valuation. Thanks to Harry’s for supporting The Motley Fool. Get your Trial Set – go to Harrys.com/Fool
Transcript
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| 0:00.0 | Thanks to Harries for supporting this episode of Market Foolery. |
| 0:02.2 | Haries stands behind the quality of their blades, but they know that switching |
| 0:05.9 | raisers is not an easy decision. |
| 0:08.7 | So they created a trial offer. |
| 0:10.7 | Claim yours by going to Har Harris.com slash Fool. |
| 0:14.0 | It's Thursday, May 24th. |
| 0:17.0 | Welcome to Market. |
| 0:18.0 | I'm Chris Hill joining me in studio. |
| 0:20.0 | Matt Arge singer, a happy Matt Arge singer, as I am a happy person as well because we're Boston Celtics fan |
| 0:26.8 | That's right good night for the but great night for the one kudos to the Washington |
| 0:31.2 | capitals finally getting to the Stanley Cup or you know after 20 years |
| 0:35.3 | so a lot of a lot of happy caps fans in the office. Yeah nice to see the |
| 0:39.5 | hometown team actually have some success around here. Yeah, exactly. |
| 0:43.4 | We've got retail, we've got big tech in China, we're going to dip into the full mail bag. |
| 0:49.3 | Let's start with Best Buy. |
| 0:51.8 | Great headline. First quarter profits came in higher than expected |
| 0:54.5 | their same store sales were huge on a relative basis I mean they were up more than |
| 0:59.2 | 7% and the expectation there was that they were going to be less than three. |
| 1:03.0 | No, great. |
| 1:04.0 | Why is the stock down? |
| 1:05.0 | Yeah, well that's the rub, right? |
| 1:07.0 | So here's the problem. |
... |
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