Thread: Best Buy
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Old 07-11-2005, 09:39 PM
alekhine8 alekhine8 is offline
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Join Date: Aug 2003
Location: Tampa, FL
Posts: 89
Default Re: Best Buy

The DRIP through Equiserve.com is kind of expensive to participate in ($18 setup, $5 per additional purchase and fees to reinvest dividends).

You could always consider purchasing BBY through Sharebuilder.com for $4.00 per purchase and reinvest dividends for free.

As for the stock itself, its probably a good long-term (5+ years) investment. However, I could definitely see them pulling back from $70+ a share if they ever struggle for a quarter or two.
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