Bes by is one of my favorite types of retail company stories, because people have been writing this one off for well over a decade. Over the past decade, best buy has averaged a return on capital of 19 and a half % as per cap i c, well above their cost of capital. And poky best by that everyone knows is amazon show room. That's going to go away, just like gamestop, right? Howd that work out? A ten year annual return with dividends reinvested, 18 point six percent annually. Ifyou happen to pick it up at its low in december of 20 12, you are sitting on a 26 point eight% annual return
(00:22) Acquisition battles are heating up as travel season kicks off. Asit Sharma joins Deidre Woollard to discuss: - JetBlue’s competition with Spirit to buy Frontier Airlines.
- Amazon’s plan to launch 3,000 satellites into orbit for its broadband internet plans. - Restaurants in the metaverse. Jim Gillies and Brian Feroldi take a “Bull vs. Bear” approach to investing in Best Buy, (18:56) the company that was supposed to become Amazon’s showroom. You can decide who made the better argument @MotleyFoolMoney on Twitter.
Link: Metaverse Stocks - https://www.fool.com/investing/stock-market/market-sectors/information-technology/metaverse-stocks/
Stocks: JBLU, SAVE, ULCC, AMZN, NKE, RBLX, CMG, BBY Host: Deidre Woollard Guests: Asit Sharma, Brian Feroldi, Jim Gillies Producer: Ricky Mulvey Engineers: Tim Sparks, Rick Engdahl
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