In the following video, Motley Fool consumer goods analyst Blake Bos takes a look at Best Buy's (NYSE: BBY ) jump, after receiving an upgrade from Jefferies to a buy with a $24 price target. Blake reminds investors that, while the boost you get when a stock gets an upgrade is always nice, it's the company itself that is going to drive the stock in the long run. He takes a look at some ways the company is changing, cutting costs, and stabilizing, and discusses how the market's perception as a whole of stocks like Best Buy and RadioShack (NYSE: RSH ) may be changing. These companies may not be doomed to be swallowed up by the shift from retail to e-tail after all.
The brick-and-mortar versus e-commerce battle wages on, with Best Buy caught in the middle. After what might have been its most tumultuous year in history, there are now even more unanswered questions about the future for the big-box electronics retailer. How will new leadership perform? Will old leadership take the company private? Will a smaller store format work out for both the company and its brave investors? Should you be one such brave investor? To help answer all these questions, The Motley Fool has released a new premium research report detailing the opportunities -- and the risks -- in store for Best Buy. Simply click here now to claim your comprehensive report today.