Bearish MACD for Best Buy Co., Inc.
January 08, 2013 | Comments : 0
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January 08, 2013
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Best Buy Co., Inc.’s (BBY - Analyst Report) MACD indicator has moved into bearish territory with a reading of –0.3468. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.66% to $12.13 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 2 cents over the past week to $2.45 per share.
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