Rick Munarriz
๐ค SpeakerAppearances Over Time
Podcast Appearances
different mixed pictures lately.
So yeah, I think this is the time where Best Buy is going to, you know, in the words of NSYNC, Best Buy, buy, buy, and not, you know, say goodbye.
The last two buys were the buy-buy.
I'm not saying B-U-Y three times like Kramer.
Yeah, I love that David and I are in this episode.
Companies, more than likely than not, they're going to have a beat.
That's just the norm.
It's almost a default setting with some companies.
But this one, and I hate, I'm becoming like a tractor detractor or an excavator hater or whatever rhymes with dozer or mower.
I'll work that in next time.
To me, the problem here is that this feels like a trap.
Analysts, they already see profitability taking a big hit.
So, you're already thinking, okay, it's already discounted, it's already priced in.
But just last week, just in the last seven days, three of these analysts lowered their profit targets for this quarter.
When you kind of see that last-minute adjustment lower, these people, these Wall Street pros that watch a lot closer than I ever will, are starting to see some weakness.
So, that's why I went with the miss.
Hey, fools.
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