Best Buy's Strong 1Q Balances Its Near-Term Risk/Reward -- Market Talk

Dow Jones

May 29

1021 ET - Best Buy had a good first quarter, notching broad-based improvements across the business as it capitalized on strength in demand for emerging products like collectibles, wearables and AI glasses, UBS analysts say in a research note. However, Wall Street's sharp reaction, which sent shares 16% higher on Thursday, has now balanced the upside/downside skew, they add. "Our thesis remains that this specialty retailer should see outsized earnings growth" as it continues to grow its top line, the analysts say. "But, this is now more reflected in the stock." If you don't already own shares, now may not be the time to buy them, UBS says, cutting its rating to neutral. (connor.hart@wsj.com)

(END) Dow Jones Newswires

May 29, 2026 10:21 ET (14:21 GMT)

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However, Wall Street's sharp reaction, which sent shares 16% higher on Thursday, has now balanced the upside/downside skew, they add. \"Our thesis remains that this specialty retailer should see outsized earnings growth\" as it continues to grow its top line, the analysts say. \"But, this is now more reflected in the stock.\" If you don't already own shares, now may not be the time to buy them, UBS says, cutting its rating to neutral. (connor.hart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2026 10:21 ET (14:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best Buy's Strong 1Q Balances Its Near-Term Risk/Reward -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest Buy's Strong 1Q Balances Its Near-Term Risk/Reward -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-29 22:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1021 ET - Best Buy had a good first quarter, notching broad-based improvements across the business as it capitalized on strength in demand for emerging products like collectibles, wearables and AI glasses, UBS analysts say in a research note. However, Wall Street's sharp reaction, which sent shares 16% higher on Thursday, has now balanced the upside/downside skew, they add. \"Our thesis remains that this specialty retailer should see outsized earnings growth\" as it continues to grow its top line, the analysts say. \"But, this is now more reflected in the stock.\" If you don't already own shares, now may not be the time to buy them, UBS says, cutting its rating to neutral. (connor.hart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2026 10:21 ET (14:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0868494617.USD","symbol_name":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2639467310","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2639467310","pubTimestamp":1780064460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1021 ET - Best Buy had a good first quarter, notching broad-based improvements across the business as it capitalized on strength in demand for emerging products like collectibles, wearables and AI glasses, UBS analysts say in a research note. However, Wall Street's sharp reaction, which sent shares 16% higher on Thursday, has now balanced the upside/downside skew, they add. \"Our thesis remains that this specialty retailer should see outsized earnings growth\" as it continues to grow its top line, the analysts say. \"But, this is now more reflected in the stock.\" If you don't already own shares, now may not be the time to buy them, UBS says, cutting its rating to neutral. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","BK4588":"碎股","BK4567":"ESG概念","BBY":"百思买","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","BK4585":"ETF&股票定投概念","BK4076":"电脑与电子产品零售","BK4533":"AQR资本管理(全球第二大对冲基金)"},"translate_title":"百思买强劲的第一季度平衡了近期风险/回报——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBY":1.5},"content_text":"1021 ET - Best Buy had a good first quarter, notching broad-based improvements across the business as it capitalized on strength in demand for emerging products like collectibles, wearables and AI glasses, UBS analysts say in a research note. However, Wall Street's sharp reaction, which sent shares 16% higher on Thursday, has now balanced the upside/downside skew, they add. \"Our thesis remains that this specialty retailer should see outsized earnings growth\" as it continues to grow its top line, the analysts say. \"But, this is now more reflected in the stock.\" If you don't already own shares, now may not be the time to buy them, UBS says, cutting its rating to neutral. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 29, 2026 10:21 ET (14:21 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}