Best Buy is in a death spiral. Or so Jeremy Phillips believes. In this video, Jeremy outlines why he thinks Best Buy won't recover from its 50% stock-price decline. One major reason: Best Buy doesn't offer added value to its products for its customers. Other analysts, meanwhile, see Best Buy as a dirt-cheap value play. Jeremy disagrees and sees Best Buy going the way of RadioShack and J.C. Penney.
This cornerstone of American commerce is in an accelerating train wreck that can't be stopped.
