Premarket Research Report Covering the Electronics Retail and Wholesale Industry

LONDON, UK / ACCESSWIRE / June 8, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the services sector. Companies recently under review include Best Buy, GameStop, Avnet, and Conns. Register with us now for your free membership and see our complete reports on these equities at:

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Today, ActiveWallSt.com is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

The Services sector is one of the broadest on the U.S. exchanges, and there are a number of great and rewarding trades within this sector. Let us take a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions. Additionally, sign up for our free membership and research reports on these stocks at:

http://www.activewallst.com/register/

Best Buy Co. Inc. (NYSE: BBY)

On Tuesday, shares in Richfield, Minnesota headquartered technology products, services, and solutions retailer, Best Buy Co. Inc. recorded a trading volume of 4.84 million shares, which was above their three months average volume of 4.74 million shares. The stock ended the session 0.83% higher at $31.59. The Company’s shares have gained 6.06% since the start of this year. The stock is trading 0.68% below its 200-day moving average. Moreover, shares of Best Buy have a Relative Strength Index (RSI) of 49.44. On May 25th, 2016, research firm Telsey Advisory Group reiterated its ‘Outperform’ rating with a decrease of the target price to $36 a share from $38 a share for the Company’s stock.

GameStop Corp. (NYSE: GME)

Grapevine, Texas-based omnichannel video game retailer, GameStop Corp.’s stock closed the day at $28.46 with a slight correction of 0.04% and a total volume of 1.82 million shares traded. The Company’s shares have advanced 4.00% on an YTD basis. The stock is trading 5.41% below its 50-day moving average. Additionally, shares of GameStop have an RSI of 45.79. On May 27th, 2016, research firm The Benchmark Company reiterated its ‘Sell’ rating with a decrease of the target price to $24.99 a share from $26.33 a share for the Company’s stock.

Avnet Inc. (NYSE: AVT)

Phoenix, Arizona headquartered Avnet Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems. Shares in the Company recorded a trading volume of 1.22 million shares, which was higher than their three months average volume of 884,890 shares. The stock ended yesterday’s trading session 2.55% higher at $42.28. The Company’s shares have advanced 7.75% in the past month. The stock is trading above its 50-day and 200-day moving averages by 1.26% and 0.18%, respectively. Furthermore, shares of Avnet have an RSI of 66.65. Yesterday, research firm Goldman upgraded the Company’s stock rating from ‘Sell’ to ‘Neutral’. The research firm also revised upwards its previous target price from $39 to $41.

Conns Inc. (NASDAQ: CONN)

The Woodlands, Texas-based specialty retailer of durable consumer goods and related services, Conns Inc.’s stock finished Tuesday’s session 4.50% higher at $9.05. A total volume of 1.38 million shares was traded, which was above their three months average volume of 882,700 shares. The Company’s shares are trading below their 50-day moving average by 24.56%. Additionally, shares of Conns have an RSI of 38.90. On June 03rd, 2016, research firm Piper Jaffray downgraded the Company’s stock rating from ‘Overweight’ to ‘Neutral’.

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