BBY, NYSE

Best Buy Co., Inc. (BBY)

Price (as of October 26)

65.69USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

EVGO

EVgo, Inc.

-0.08

GOED

Polished.com Inc.

-0.05

AAP

Advance Auto Parts, Inc.

-0.04

HZO

MarineMax, Inc.

-0.03

ASO

Academy Sports and Outdoors, Inc.

-0.03

DKS

DICK'S Sporting Goods, Inc.

-0.03

GRWG

GrowGeneration Corp.

-0.02

CONN

Conn's, Inc.

-0.02

BNED

Barnes & Noble Education, Inc.

-0.01

CTIB

Yunhong CTI Ltd.

-0.01

Show more

Highest within Industry

Symbol Correlation

BBWI

Bath & Body Works, Inc.

0.38

BBBY

Bed Bath & Beyond Inc.

0.35

BBW

Build-A-Bear Workshop, Inc.

0.27

BARK

BARK, Inc.

0.26

ENJY

Enjoy Technology, Inc.

0.09

ARKO

Arko Corp.

0.06

AZO

AutoZone, Inc.

0.04

FRGAP

Franchise Group, Inc.

0.03

CHPT

ChargePoint Holdings, Inc.

0.03

ORLY

O'Reilly Automotive, Inc.

0.03

Show more

Profile

Sector:
Consumer Cyclical
Industry:
Specialty Retail

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company’s stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.