HomeInvestingTechnical AnalysisBed Bath & Beyond (BBBY) Normal Valuation, Up 400%

Bed Bath & Beyond (BBBY) Normal Valuation, Up 400%

Bed Bath & Beyond (BBBY) is up about 400% on the month. Alex Coffey and Jenny Horne discuss another major move from BBBY. They also talk about how B. Riley downgraded BBBY to sell from neutral and noted that a B. Riley analyst said that BBBY has an unrealistic valuation currently. They then go over how there could be a meme stock resurgence happening and compare BBBY to AMC (AMC) and GameStop (GME). Next, they mention how stocks like BBBY could contain significant risk when the meme stock frenzy dies down. Finally, they demonstrate an example trade using BBBY. Tune in to find out more.

Next Gen Investing

16 Aug 2022

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