Wednesday, April 1, 2020

Buying Bed Bath and Beyond (BBBY) @$4.00

After the stock dropped 90%, new CEO is in the corner office. I'm taking a flyrer on this one.
You can only loose 100% of an investment. If things shape up, this could be a multi bagger.

1 comment:

  1. Bed Bath & Beyond is in turnaround mode, and it's starting to see some traction. Digital comps surged 77% last quarter, allowing margins to expand some and letting the retailer post an adjusted profit of $0.08 per share versus a $0.38 per share loss a year ago.