With the announcement of the U.S. government seizing control of mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) the housing crisis that has gripped the nation for the past two years appears to be nearing its zenith. While the full impact of the move is hard to immediately gauge, the injection of $100 billion into each of the companies could help lower mortgage rates and help give banks more confidence in refinancing existing mortgages at lower rates to help some troubled homeowners.

What it all means is more money in consumer's wallets, and that means more spending and more money in store cash-registers. Think of the rescue as a massive economic stimulus package for consumers.

Enter the Best Buy Co., Inc. (BBY) which I figure will be one of the first recipients of the extra cash in people’s wallets. Best Buy stores are quite simply the “go to” place to spend our extra money on the gadgets we all want, can’t do without, and try to impress our friends with (see also, "Nokia's (NOK) Price War").

In addition, the company also sells appliances through its Pacific Sales Kitchen and Bath Centers, Jiangsu Five Star Appliance Co.; as well as provide technical services for home and office computer users through it's Geek Squad.

Best Buy is also rolling out kiosks which can be found in major airports to serve travelers looking to find a lost, broken or forgotten product.  Despite the economic slowdown, BBY is positioning for future growth.

Best Buy Stores: Big Plans to Double

Earlier this summer, Best Buy announced plans to double its sales, to $80 billion over the next five years. Though it was short on specifics BBY did say that the California-based Pacific Sales Kitchen and Bath Centers chain may be rolled out on a national level.

Other sales gains will come in the form of...