Will Amazon Really Take Over the World, or Will These Retailers Survive?

Maybe these brick and mortar retailers aren't dead after all.

Blake Bos
Blake Bos
Mar 6, 2013 at 6:30PM
Consumer Goods

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 (OTC:RSHCQ) may be changing. These companies may not be doomed to be swallowed up by the shift from retail to e-tail after all.