The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Tenebruso and Jason Moser, discuss the top business and investing stories.
In this segment, shares of Best Buy (NYSE:BBY) soared on reports that company founder Richard Schulze is raising money to make a formal bid for Best Buy. The guys analyze the challenge Amazon (NASDAQ:AMZN) poses to bricks-and-mortar retailers like Best Buy and RadioShack (NASDAQOTH:RSHCQ). They also discuss why, despite the potential upside for investors, they're avoiding shares of Best Buy.
Chris Hill owns shares of Amazon.com. The Motley Fool owns shares of Amazon.com, Best Buy, and RadioShack and is short RadioShack. Motley Fool newsletter services recommend Amazon.com. 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.