Jim Cramer Considers Best Buy a “Well-Run” Company

Best Buy Co., Inc. (NYSE:BBY) is one of the stocks Jim Cramer was recently focused on. During the episode, Cramer shared his insights on the company stock, as he commented:

“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.

Photo by Joshua Mayo on Unsplash

Best Buy Co., Inc. (NYSE:BBY) sells a wide range of consumer electronics, appliances, entertainment, and lifestyle products, along with services such as delivery, installation, repair, and technical support.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

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