Services Stocks Under Scanner — Best Buy, GameStop, Arrow Electronics, and Conn’s

NEW YORK, May 18, 2017 /PRNewswire/ —

On Wednesday, May 17, 2017, the NASDAQ Composite ended the trading session at 6,011.24, down 2.57%; the Dow Jones Industrial Average edged 1.78% lower, to finish at 20,606.93; and the S&P 500 closed at 2,357.03, slightly dropping 1.82%. Losses were broad based as eight out of nine sectors ended the day in negative. This Thursday, Stock-Callers.com has initiated reports coverage on the following Services equities: Best Buy Co. Inc. (NYSE: BBY), GameStop Corp. (NYSE: GME), Arrow Electronics Inc. (NYSE: ARW), and Conn’s Inc. (NASDAQ: CONN). Learn more about these stocks by downloading their free research reports in PDF format at:


http://stock-callers.com/registration

Best Buy  

On Wednesday, shares in Richfield, Minnesota-based Best Buy Co. Inc. recorded a trading volume of 4.63 million shares, which was above their three months average volume of 4.26 million shares. The stock ended at $50.61, declining 2.34% from the last trading session. The Company’s shares have gained 4.31% in the last one month, 11.04% over the previous three months, and 19.50% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.41% and 18.51%, respectively. Furthermore, shares of Best Buy, which operates as a retailer of technology products, services, and solutions in the US, Canada, and Mexico, have a Relative Strength Index (RSI) of 51.37.

On April 25th, 2017, research firm Bank of America/ Merrill upgraded the Company’s stock rating from ‘Neutral’ to ‘Buy’. Sign up and read the free research report on BBY at:

http://stock-callers.com/registration/?symbol=BBY

GameStop  

Grapevine, Texas-based GameStop Corp.’s stock finished yesterday’s session 2.57% lower at $23.84 with a total trading volume of 2.21 million shares. The Company’s shares have gained 4.38% in the last one month. The stock is trading above its 50-day moving average by 2.35%. Furthermore, shares of GameStop, which operates as an omnichannel video game retailer, have an RSI of 50.69. The complimentary research report on GME can be downloaded at:

http://stock-callers.com/registration/?symbol=GME

Arrow Electronics  

At the close of trading on Wednesday, shares in Centennial, Colorado-based Arrow Electronics Inc. saw a decline of 3.23%, ending the day at $73.49. The stock recorded a trading volume of 533,485 shares. The Company’s shares have advanced 3.70% in the last one month and 3.07% since the start of this year. The stock is trading 0.58% and 6.42% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Arrow Electronics, which provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide, have an RSI of 47.01. Register for free on Stock-Callers.com and access the latest report on ARW at:

http://stock-callers.com/registration/?symbol=ARW

Conn’s  

The Woodlands, Texas-based Conn’s Inc.’s shares ended the day 2.66% lower at $16.45 with a total trading volume of 441,812 shares. The stock has gained 25.57% in the last month, 51.61% over the previous three months, and 30.04% on an YTD basis. The Company’s shares are trading 33.51% above their 50-day moving average and 54.22% above their 200-day moving average. Additionally, shares of Conn’s, which operates as a specialty retailer of durable consumer goods and related services in the US, have an RSI of 61.25.

On April 26th, 2017, research firm KeyBanc Capital Markets upgraded the Company’s stock rating from ‘Sector Weight’ to ‘Overweight’. Get free access to your research report on CONN at:

http://stock-callers.com/registration/?symbol=CONN

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