Thursday, February 09, 2006

A best buy

Amid the weakness in high-flyin' gold and energy stocks, some consumer stocks have stood their ground. Today's trading in Best Buy (BBY-N) reminds us that the underlying economy is still strong. Strong volume and an 8% advance in share price is always worth noting, but this strong bullish stock is also testing resistance at its 52-week high. Watch for movement past $53.
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