Best Buy (NYSE:BBY) is considered one of the highest-yielding retailers by Jim Cramer. However, concerns have been raised about the impact of President Trump’s tariffs on Chinese and Korean appliances, affecting Best Buy’s performance. The company’s stock currently yields 5.6%, but uncertainties remain about its dividend stability.
Best Buy offers a range of technology products and services, including computers, appliances, and tech support. While it is seen as a potential investment, some believe that other AI stocks may offer better growth opportunities with lower risks. A report on the best short-term AI stock is recommended for those seeking undervalued options.
For more insights on stocks with potential for growth, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” This article was originally published on Insider Monkey.
Read more at Yahoo Finance: Jim Cramer Says “Best Buy Would Benefit From the Biggest PC Cycle in Years”