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Ladies and gentlemen, thank you for standing by. Welcome to Best Buy's First Quarter Fiscal 2015 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.
Companies that can meet the new realities of retail likely have an economic moat, ultimately leading to better full-price sales and margin performance.
The home-improvement retailer's shares look attractively priced.
Vitaliy N. Katsenelson, CFA, is Chief Investment Officer at Investment Management Associates in Denver, Colo. He is the author of The Little Book of Sideways Markets (Wiley, December 2010). To receive Vitaliy’s future articles by email send a blank email to firstname.lastname@example.org.