Best Buy Co., Inc. (BBY) Stock Set to Flame Out in Ultra-High Def

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This is just too reminiscent of Best Buy Co., Inc. (NYSE:BBY)’s foray into 3-D televisions where it expected a boom and was stuck with tons of inventory that in part led to a crash in the price of its stock. With most programming still offered in 720p, you get all the definition you need with a standard 1080p set. While Blu-ray showed just how sharp a picture you can get with the right technology, you’re not really upping the ante any by opting for TVs with eye-bulging clarity or price tags.

Shares of Best Buy Co., Inc. (NYSE:BBY) have more than doubled already in 2013, but that may represent its defining achievement if it’s counting on 4K TVs to take it to yet another level.

The article Best Buy Stock Set to Flame Out in Ultra-High Def originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends hhgregg.

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