Could Wal-Mart Ride to Best Buy’s Rescue?

There could not be a better study in contrasts. On the one hand Wal-Mart, finding favor with a key analyst,  as sales increase preparatory to an important shopping season. On the other, Best Buy Co., Inc. (NYSE:BBY), a floundering consumer electronics chain with governance issues, on the threshold of being taken private by its founder, provided the board plays ball. The key reasons David Schick recommends Wal-Mart Stores, Inc. (NYSE:WMT), upgrading it to Buy from Hold, are as follows. Shoppers are increasingly showing up – particularly once-a-week shoppers, and also those who had ceased to shop at Wal-Mart Stores, Inc. (NYSE:WMT)….