Jim Cramer on Best Buy: “That One’s Suddenly Pretty Interesting”

BBY -2.10% KSS +2.03% DKS -0.40%

Best Buy Co., Inc. (NYSE:BBY) is one of the stocks Jim Cramer discussed, along with the need for diversification. Cramer mentioned the stock during the episode and said, “I hope you enjoyed Best Buy as much as I did. That one’s suddenly pretty interesting.”

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Best Buy Co., Inc. (NYSE:BBY) sells technology products, electronics, appliances, and entertainment items, along with related services like delivery, installation, and technical support. Cramer mentioned the stock during the November 21 episode and commented:

“We have a slew of important earnings on Tuesday from a host of industries. In the morning, for example, we get results from Kohl’s, Best Buy, and DICK’S Sporting Goods. What am I hearing?… Best Buy will be okay. Probably hurt by higher interest rates and tariffs, although that should be offset by a PC refresh cycle.”

Additionally, Cramer talked about Best Buy Co., Inc. (NYSE:BBY) in detail during the September 30 episode and said:

“Now, I wrote How to Make Money in Any Market over a period of two years. In the chapter on dividend stocks, I initially included Stanley Black & Decker and Best Buy as interesting prospects. Now, I think both of these are well-run companies, and they yield 4.5 and 5%, respectively. I took them out, though in the next pass, because unlike the food stocks, which really don’t even need a strong economy to make big money, Best Buy and Stanley Black & Decker actually need strong consumer growth and tariff relief.

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Disclosure: None. This article is originally published at Insider Monkey.