Still, Janney Capital Markets analyst David Strasser said Best Buy is moving on the right track.

FORBES: Did Black Friday Save Best Buy's Earnings?

"We have to believe that this remains a company in trouble, " Banc of America Securities analyst David Strasser said in a recent report.

FORBES: Magazine Article

Best Buy "did not go deep enough discounting in TVs on Black Friday, " David Strasser of Janney Montgomery Scott said in a note to investors, adding, "We believe the mass merchants, " particularly Target Corp.

WSJ: Best Buy's Profit, Sales Retreat

"Massmart is well positioned as a springboard for sub-Saharan Africa, but we believe that it will take a much longer time period for the company to earn its cost of capital in Africa, " said Janney Montgomery Scott analyst David Strasser.

WSJ: Wal-Mart Bids $4.6 Billion for South Africa's Massmart

"This is clearly a bad action, if found guilty, but we believe these issues and penalties will not dramatically impair their balance sheet and its ongoing business model, " especially in the U.S., Janney Capital Markets analyst David Strasser said in a note to investors.

NPR: Wal-Mart Says Loss Likely From Bribery Probe