Best Buy Co Inc (BBY) Deep Dive On Comp Drivers

Best Buy Co Inc (BBY) Deep Dive On Comp Drivers

The firm thinks valuation of BBY shares remains very reasonable vs. a peer group of other retailers impacted by e-com

Financials

Lanadelumab's Availability Should Enable Shire PLC (ADR) (SHPG) To Expand The Overall Market

Piper Jaffray's survey regarding a potential oral agent like BioCryst's BCX7353 and even CSL Behring's recently approved CSL830 (now known as Haegarda) gives it pause

Broadcom Ltd (AVGO) Wireless Content Growth And Gross Margin Expansion Remain Key Tailwinds

UBS believes Broadcom's strong wireless content growth of 40% yoy at its flagship mobile customer could enable it to beat consensus estimates the next few quarters

Yum China Holdings Inc (YUMC) Reports Q2'17 EPS On July 5th AMC

Since neither Yum China nor competitors raised prices during period of VAT tailwind, Yum China could look at taking additional pricing in 2H, bolstering comp and margin

Davita Inc (NYSE:DVA): Underperforming DMG Segment Likely Troughed

On DMG the firm forecasts $230m by 2019; a significant improvement from a low base (20% CAGR) but still not enough to drive a meaningful acceleration in consolidated profit

Finish Line Inc (NASDAQ:FINL) Outlook Expected To Improve Meaningfully In 2H

Finish Line has to work through broad-based excess inventory, which will weigh on Q2 gross margin

Healthy Fundamentals Also Support Sysco Corporation (SYY) Outlook

While the firm acknowledges that no industry is fully immune to the risk of Amazon's entry, it sees several factors that, in its view, favor existing large distributors such as Sysco (and Buy-rated USFD)