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It has been a challenging environment for most brick & mortar retailers due to the rising trend for online shopping but some retailers have been doing well. Best Buy is one of them.
They have improved their merchandize, marketing and in-store shopping experience over the past 2-3 years. They have also increased focus on their online channel.
70% of the U.S. population lives within 15 minutes of a Best Buy store. So shoppers can purchase online and pick up from a nearby Best Buy store, within two days in most cases.
They delivered a huge beat earlier this month and in fact they have been beating the Zacks Consensus Estimates consistently. If you look at Price and EPS Surprise chart, you’ll see they have missed only once in the past five years.
The retailer continues to boost shareholders’ value through dividends and share repurchases. Earlier this month, they announced a new $3 billion share repurchase plan as well as a 21% increase in the quarterly dividend.
Headquartered in Toronto, Bank of Montreal (BMO - Free Report) is one of the largest banks in North America. The bank reported better-than-expected results for the recent quarter, thanks mainly to strong gains in its wealth-management and capital-markets divisions.
Estimates have surged have the report.
BMO is currently a Zacks Rank #1 (Strong Buy), while the Industry Rank is in the top 14% bracket.
They have been paying dividends for the past 188 years—longest payout record of any company in Canada. For the past 15 years, they have increased their dividend at a CAGR of 7%. Their current dividend yield is 3.44% and the current dividend payout ratio is 39.5%. With a target payout of 40% to 50%, we can hope to see a steady increase in dividends in the coming years too.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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Best Buy (BBY - Free Report)
It has been a challenging environment for most brick & mortar retailers due to the rising trend for online shopping but some retailers have been doing well. Best Buy is one of them.
They have improved their merchandize, marketing and in-store shopping experience over the past 2-3 years. They have also increased focus on their online channel.
70% of the U.S. population lives within 15 minutes of a Best Buy store. So shoppers can purchase online and pick up from a nearby Best Buy store, within two days in most cases.
They delivered a huge beat earlier this month and in fact they have been beating the Zacks Consensus Estimates consistently. If you look at Price and EPS Surprise chart, you’ll see they have missed only once in the past five years.
The retailer continues to boost shareholders’ value through dividends and share repurchases. Earlier this month, they announced a new $3 billion share repurchase plan as well as a 21% increase in the quarterly dividend.
Bank of Montreal (BMO - Free Report)
Headquartered in Toronto, Bank of Montreal (BMO - Free Report) is one of the largest banks in North America. The bank reported better-than-expected results for the recent quarter, thanks mainly to strong gains in its wealth-management and capital-markets divisions.
Estimates have surged have the report.
BMO is currently a Zacks Rank #1 (Strong Buy), while the Industry Rank is in the top 14% bracket.
They have been paying dividends for the past 188 years—longest payout record of any company in Canada. For the past 15 years, they have increased their dividend at a CAGR of 7%. Their current dividend yield is 3.44% and the current dividend payout ratio is 39.5%. With a target payout of 40% to 50%, we can hope to see a steady increase in dividends in the coming years too.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>