Retailer Best Buy has announced that Frenchman Hubert Joly is its new CEO. David Strasser, analyst at Janney Capital Markets, offers his view on what the announcement means for the stock.

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Get to Know an Anchor: Kelly Evans Mon 20 May 13 \| 10:46 AM	Winner Claims $590.5 Million Powerball Ticket Mon 20 May 13 \| 10:37 AM	Is the IRS Eyeing You? Mon 20 May 13 \| 10:34 AM	Faber Report: Royalty Pharma to Raise Elan Bid Mon 20 May 13 \| 10:32 AM	Signs of Bernanke Exit on Horizon? Mon 20 May 13 \| 10:22 AM
United's 787 Back in Business Mon 20 May 13 \| 10:14 AM	Who Is Kelly Evans? Mon 20 May 13 \| 10:07 AM	SAC's Cohen Gets Subpoena to Testify: NY Times Mon 20 May 13 \| 10:05 AM	Yahoo Agrees to Buy Tumblr Mon 20 May 13 \| 10:00 AM	Cramer's Six in 60: AIG 'Goes Higher' Mon 20 May 13 \| 09:53 AM
The Big Picture on Falling Lumber Prices Mon 20 May 13 \| 09:41 AM	Cramer: How I'd Invest the $590 Million Powerball Jackpot Mon 20 May 13 \| 09:37 AM	Faber Report: Sprint's Bid For Clearwire Mon 20 May 13 \| 09:37 AM	Cramer: 'It Makes Sense to Invest' in Stocks! Mon 20 May 13 \| 09:35 AM	Cramer: 401(k)'s Are Back Mon 20 May 13 \| 09:32 AM
Cramer's Mad Dash: AMD is 'Alive & Well' Mon 20 May 13 \| 09:22 AM	Faber Report: Actavis to Buy Warner Chilcott Mon 20 May 13 \| 09:15 AM	Monday's Market Roadmap Mon 20 May 13 \| 09:01 AM	Yahoo Bets on Tumblr Mon 20 May 13 \| 09:00 AM	Cramer's Stocks to Watch: Yahoo Mon 20 May 13 \| 08:52 AM
Sen. Gregg Gets New Gig Mon 20 May 13 \| 08:40 AM	What's Leading Markets to New Heights? Mon 20 May 13 \| 08:30 AM	Are Dimon's Dual Roles at JPMorgan in Jeopardy? Mon 20 May 13 \| 08:15 AM	Bring on the 'Helicopter Money' Mon 20 May 13 \| 08:05 AM	Yahoo's Bid to Buy Tumblr Mon 20 May 13 \| 08:03 AM
Fed's Fisher: We Are Having a 'Massive' Housing Boom Mon 20 May 13 \| 07:51 AM	Fed's Fisher: Dodd Frank Law 'Horribly Complex' Mon 20 May 13 \| 07:41 AM	Consumer Spending Up; Government Spending Down: NABE Mon 20 May 13 \| 07:31 AM	Fed's Fisher: 'This is a Judgmental Business' Mon 20 May 13 \| 07:16 AM	Fed's Fisher: We've 'Flooded the Market With Liquidity' Mon 20 May 13 \| 07:06 AM

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Best Buy Names New CEO

Best Buy Names New CEO

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