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Best Buy Beats Amazon

August 29, 2017

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Traditional electronics and technology products retailer Best Buy beats online retailer Amazon in the last twelve months.

On Wall Street that is.

Best Buy shares have gained 58.56% in the past twelve months compared to 22.45% of Amazon.

That should have come as a surprise to some. Like the momentum crowd that sees the sky as the limit for Amazon’s stock price.

Then there are the business strategists who have been seeing Best Buy as Amazon’s “front window” to follow the fate of other electronic retailers.

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