Today’s 3 Best Stocks: Genworth Financial Inc (GNW), Best Buy Co., Inc. (BBY), Hess Corp. (HES)

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Finally, big-box retailer Best Buy Co., Inc. (NYSE:BBY) advanced by 3.6% after its board of directors approved its regular quarterly dividend of $0.17. Given Best Buy’s numerous problems with regard to showrooming and lost sales, it’s encouraging to see Best Buy’s management team express enough confidence in its ongoing cash flow to continue paying out a yield that would amount to 4% annually. I continue to be encouraged by the initiatives Best Buy Co., Inc. (NYSE:BBY) is putting into place, including price matching, which should give consumers an incentive to spend immediately rather than buying online.

The article Today’s 3 Best Stocks originally appeared on Fool.com and is written by Sean Williams.

Fool contributor Sean Williams and The Motley Fool have no position in any of the stocks mentioned.

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