For a business named "Company of the Year" by Forbes less than 10 years ago, Best Buy (NYSE:BBY) sure tumbled from the top in a hurry. Is it time to bet some money on a return to greatness? Or should you sell any stock that you currently have?

To help answer this question, check out our new premium report on Best Buy. For a taste of what's offered in the report, below is an excerpt describing three reasons to buy and three reasons to sell Best Buy.

3 reasons to buy

  • New management seasoned in turnarounds can breathe new life and ideas into the stagnant and withering industry.
  • Best Buy has enough free cash flow to invest in any new ideas that could save its business, as well as to avoid bankruptcy.
  • The number of Best Buy Mobile stores is set to double over the next few years, and these smaller locations should be less expensive to run than the huge big-box stores.

3 reasons to sell

  • Same-store sales are continuously falling, which could put cash flow in jeopardy. The biggest drop yet came in 2012.
  • While CEO Joly has turnaround experience, he has zero retail experience, and unstable management could make it difficult for the retailer to survive.
  • More physical locations through more Best Buy Mobile stores may not be the best plan in a time when shoppers are increasingly turning online to purchase electronics.

Fool contributor Dan Newman has no positions in the stocks mentioned above. The Motley Fool owns shares of Best Buy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.