From Yahoo Finance: 2025-06-02 12:08:00

JPMorgan analysts recommend investing in Best Buy and Wayfair, citing a healthy balance of risk and reward. Best Buy is expected to see strong sales from Nintendo Switch and back-to-school shopping, while Wayfair may be less impacted by tariffs than anticipated. Shares for both companies are down this year.

Best Buy’s stock is down 21% this year but is expected to pick up momentum with upcoming Nintendo Switch pre-orders and back-to-school shopping. JPMorgan sees the current stock price as highly worth the risk-reward due to integrated tariffs in guidance. Wayfair shares are also undervalued, with misconceptions about tariff impact weighing on the stock.

Shares of Best Buy were trading around $67.40, while Wayfair shares were just under $41, both down for the year. Best Buy has been impacted by tariffs, but JPMorgan believes the risk-reward is favorable. Wayfair operates differently than traditional retailers and faces misconceptions about tariff impact.

Read more: Investing in These Retailers’ Stock Is ‘Worth the Risk,’ JPMorgan Says