Best Buy shares have risen a staggering 290% over the past 52 weeks. That fact alone lends itself to the seeming success of CEO Hubert Joly's Renew Blue turnaround plan. But if you think the stock will continue to race skywards, you may want to consider not only staggering competitive threats from e-commerce leader Amazon.com, but also the probability of continued share price gains.
Starbucks has recently been ordered to pay Mondelez International $2.23 billion for severing a contract to sell the the company's iconic coffee in grocery stores. As shareholders face the drain in cash, a restated loss, and even a small debt issuance to help cover the fees, one can only wonder if the decision to walk away back in 2010 was the best course of action.