CFO Departure Is Just One Reason Why Best Buy Is Getting Rocked: Best Buy Has An Apple Problem


Via The Street

“…Best Buy has an Apple problem,” said Cramer, who owns Apple and Target in his Action Alerts PLUS portfolio. “There’s a goal, but they kept their full-year. And the [iPhone 7], which comes out at the end, I think they’ll do very well. But Best Buy is a company that, like Target, this is an area that’s very challenged, this electronics and home area. But I do think that you’re going to want to buy Best Buy as we get closer to the end of the year.”

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