Whatever's going on in the market or a specific company's history, there are always reasons to consider buying shares in a business. After all, some of the best opportunities in stocks are born from historically bloody times.
Motley Fool CAPS hosts a boatload of opinions from more than 120,000 members on nearly 5,400 stocks, giving good reasons to own -- or sell -- a stock.
In the case of beaten-down gadget retailer Best Buy
1. Stepping it up
In an effort to become the retailer of choice for shoppers, Best Buy is taking the extra step to enhance customers' experiences. It's joining Target
It's also beefing up its online presence. Nearly 60% of its shoppers start at BestBuy.com, whether they end up buying online or in-store. The company offers in-store pickup and numerous incentives to drive traffic away from Amazon.com
2. Happy Holidays
Despite a slowing economy, shoppers were still out in force for Black Friday, looking for the best deals at Wal-Mart
3. Beaten-down value play
Best Buy has been improving market share, and its strong balance sheet and financials are superior to those of competitors like Circuit City. After a gloomy outlook for 2009 recently hammered shares, many investors are now thinking of following many Best Buy insiders' cue, and buying the stock again at its discounted price.
Of course, there's a lot more devil in the details of these buy-side opinions, which is why CAPS is such a great resource to check and balance your own analysis. You can read the bullish and bearish sides to every stock. To see what the very best CAPS members are saying now about Best Buy, just click on over to Motley Fool CAPS.
The Motley Fool Stock Advisor service looks for companies with strong management poised to beat the market over the long haul. To see all the stocks that have helped Tom and David Gardner beat the market by 25 points on average, take a free 30-day trial.
Fool contributor Dave Mock only has three things on his Christmas wish list. He owns no shares of companies mentioned here. Wal-Mart, Sears Holdings, and Best Buy are Inside Value selections. Best Buy, Amazon.com, and Apple are Stock Advisor selections. The Fool owns shares of Best Buy. The Fool's disclosure policy is officially done with all of its holiday shopping, thanks to Chia Pets.