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Jim Cramer Says Best Buy Stock Isn't Done Going Higher

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Best Buy  (BBY) - Get Free Report reported adjusted earnings per share of $2.98 on revenue of $11.85 billion. The company said same-store sales rose 20% from last year, smashing the Refinitiv forecast of a 17.4% gain. 

Jim Cramer attributed the strong results to CEO Corie Barry's big investment in ensuring a steady supply chain for the technology retailer. 

"You get 20% growth because you have the product," Cramer told Action Alerts PLUS senior analyst Jeff Marks Tuesday. 

"The stock isn't done going higher," Cramer concluded. 

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