Bearish MACD for Best Buy Co., Inc.
December 11, 2012 | Comments : 0
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December 11, 2012
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Best Buy Co., Inc.’s (BBY - Analyst Report) MACD indicator has moved into bearish territory with a reading of –0.8618. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2.02% to $12.14 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 32 cents over the past month to $2.53 per share.
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