Best Buy (BBY)
Market Capitalization: $8.8 billion
Total Return since 3/9/2009: 15%
Best Buy (BBY) is another stock that would be nearly in the red if it wasn’t for dividends.
But more importantly, it would be soundly in the black if the embattled retailer hadn’t blown up recently after ugly holiday sales sparked a roughly 40% decline for the stock in late January.
The bad news shouldn’t exactly be a surprise, since Best Buy is the poster child for dying brick-and-mortar retailers. But given the tremendous run for the stock in 2013 — a 245% gain on the calendar year to rank it as the third-best performer in the S&P last year — investors might have thought the worst was over.