Great 'Black Friday' for Best Buy (BBY)

Today's 'Black Friday' shoppers are rushing to Best Buy (NYSE:BBY) but its stock price is stuck in the $42 range.  Some customers have been waiting in line since yesterday to pick up one of Best Buy's biggest sale items, the Dynex 32-inch 720p LCD HDTV for $299.9.

NEW YORK (Reuters) - Best Buy's (BBY) chief executive said he is seeing solid crowds on Black Friday as customers flocked to buy gadgets and electronics on the big shopping day, but warned the trend might not continue.

"I think it is going to be a tough holiday season. The brands that have lost connection with their customers are going to have difficulty," CEO Brian Dunn told Reuters in a telephone interview.

He expects more customers to shop closer to Christmas and sees the shopping season stretching into January.

Best Buy shares have a 52-week range of $18 to $44 a share.  Today shares of BBY are down .6% to $42.83.