Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



QuantWave Successfully Achieves 18.22% Profit Target Forecast for Best Buy Co., Inc.

August 29, 2024
QuantWave, the leading automated forecasting platform, has recently hit a milestone with its accurate prediction for Best Buy Co., Inc. stock. The forecast signal, issued on 2024-08-20, indicated a long position at a price of $82.0. Just nine days later, on 2024-08-29, the stock reached the target price of $96.94, realizing a profit of 18.22%.

This achievement demonstrates the effectiveness of QuantWave's analytics in providing precise forecasts for investors. Market analysis suggests that Best Buy's strong performance can be attributed to favorable consumer sentiment, increased demand for electronic products, and successful marketing strategies by the company.

QuantWave users have access to predictions for a variety of stocks, unlocking opportunities for potential profits. For a deeper understanding of their investment strategy, investors are encouraged to explore QuantSchool, a comprehensive educational platform that offers insights into maximizing returns with the QuantWave forecasting system.
If you want to leave a comment, then you need Login or Register





Other data for BBY

Related data

BBYAugust 20, 2025Best Buy expands online offerings with new digital marketplace  ~1 min.

Best Buy Co., Inc. has recently launched a digital marketplace that has more than doubled the number of products available online....


BBYJuly 30, 2025Best Buy Co. Inc. Continues to Innovate in the Competitive Retail Market  ~1 min.

Best Buy Co. Inc. (NYSE: BBY) has been a prominent player in the retail industry, known for its consumer electronics and home appliances....


BBYJuly 14, 2025Best Buy Co. Inc. Makes New Investment as Blackhawk Capital Partners LLC. Announces Resignation of Senior Executive Vice President Damien Harmon  ~1 min.

Best Buy Co. Inc. has made a significant new investment, while Blackhawk Capital Partners LLC....


BBYApril 9, 2025QuantWave Hits the Mark with Best Buy Co., Inc. Stock Forecast, Delivering 13.32% Profit  ~1 min.

QuantWave, an automated forecasting platform, recently achieved a significant milestone in its price target forecast for Best Buy Co., Inc....


BBYApril 9, 2025QuantWave's Forecast Accuracy: BEST BUY CO., INC. Hits Price Target with a Profit of 13.32%  ~1 min.

On April 8, 2025, QuantWave, an automated forecasting platform, issued a long signal for BEST BUY CO., INC. with a price of $55.4....


BBYApril 3, 2025QuantWave Successfully Achieves 13.84% Profit Target for Best Buy Co., Inc. Stock  ~1 min.

QuantWave, the automated forecasting platform, has recently achieved a significant milestone by accurately predicting a profitable short position for Best Buy Co., Inc. stock....


BBYApril 3, 2025QuantWave Achieves a 14.34% Profit Target for Best Buy Co., Inc. Stock Forecast  ~1 min.

QuantWave, an automated forecasting platform, successfully predicted a short direction for Best Buy Co., Inc. stock on March 21, 2025, when the price was at 72.64 $....


BBYApril 3, 2025QuantWave's Forecast Success: Best Buy Co., Inc. Achieves 14.25% Profit Target  ~1 min.

QuantWave, a leading automated forecasting platform, recently hit a major milestone with its prediction for Best Buy Co., Inc. On the signal date of March 20, 2025, the stock was trading at 72.56 $....


BBYApril 3, 2025QuantWave Hits Bullseye with 16.62% Profit on BEST BUY CO., INC. Forecast  ~2 min.

QuantWave, the leading automated forecasting platform, has once again showcased its predictive prowess with a successful price target forecast for BEST BUY CO., INC....


BBYApril 3, 2025QuantWave Achieves Price Target Forecast Success for Best Buy Co., Inc. with a Profit of 14.12%  ~1 min.

QuantWave, the automated forecasting platform, recently achieved success in its price target forecast for Best Buy Co., Inc....


MDTJuly 9, 2025QuantWave Successfully Achieves 5.76% Profit Target for MEDTRONIC PLC  ~1 min.

In an impressive display of accuracy, QuantWave, the automated forecasting platform, has successfully reached its price target forecast for MEDTRONIC PLC....


SLBSeptember 5, 2023QuantWave Achieves 72.17% Profit Target Forecast for SCHLUMBERGER LIMITED  ~1 min.

QuantWave, the automated forecasting platform, successfully reached a price target forecast for the stock SCHLUMBERGER LIMITED, with a profit of 72.17%....


PPGApril 8, 2025PPG Industries, Inc. Hits Price Target Forecast with 7.55% Profit  ~1 min.

On April 4th, 2025, QuantWave's forecasting platform issued a short signal for PPG Industries, Inc. stock when it was priced at 98.53 $. The target price of 91....


NUEJuly 1, 2025NUCOR CORPORATION Price Target Forecast Achieved with 12.82% Profit  ~1 min.

NUCOR CORPORATION has successfully reached the price target forecast set by QuantWave on July 1, 2025. The forecast signal was generated on April 30, 2025, with a price of 118.87 $....


METAOctober 27, 2022QuantWave Successfully Achieves 24.83% Profit Target Forecast for Meta Platforms, Inc.  ~2 min.

On October 13, 2022, QuantWave, the automated forecasting platform, issued a short signal for META PLATFORMS, INC. (formerly known as Facebook, Inc.) with a price target of $97.41....