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Assessing Best Buy (BBY) Valuation After Recent Share Price Gains

Assessing Best Buy (BBY) Valuation After Recent Share Price Gains

Best Buy (BBY) shares have seen steady gains over the past month, climbing more than 12%. The stock’s move stands out as investors sort through recent performance data and look for signs of a shift in the retail landscape.

See our latest analysis for Best Buy.

Best Buy’s recent gains have given investors something to talk about, with the latest 30-day share price return of nearly 13% turning heads after a rocky start to the year. However, momentum is still building from the lows, as shown by a solid 22% move over the past three months. The longer-term story includes a 1-year total shareholder return of -8% and a strong 3-year total return of 44%.

If you’re curious about what other stocks are gathering steam, now’s a smart time…

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