Stockchase Opinions

Jim Cramer - Mad Money Bed Bath & Beyond BBBY-Q SELL Aug 22, 2022

We just had another meme stock explosion. Last week, BBBY imploded when major shareholder Ryan Cohen unloaded ALL his shares. Also last Friday, it was reported that some suppliers have holding their supplies due to unpaid shipments. They are running out of money. He is not a memester (don't hate him). The next time a meme stock roars--sell it.
$9.240

Stock price when the opinion was issued

specialty stores
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
Shot up today 15%, partly due to the meme trade and partly from announcing an e-commerce deal with Kroger. Great time to buy is now. BBBY had weak management until the new CEO.
COMMENT
Doesn't like them endlessly buying back shares, but they did have endless cash on hand as they tried to transform the business. Yet, the new CEO is trying to turn around the chain, but he continues to buyback shares while cash flow is dwindling. They report Wednesday.
premium

🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Premium members

Discover an exclusive list and analysis of the stocks that are trending on social medias—accessible only to our Premium subscribers. With a keen focus on the stocks that are setting social media ablaze, this weekly feature offers an invaluable lens through which to evaluate market movers. Say goodbye to the endless scroll through social media timelines; we curate the buzz so you can invest your time as wisely as your money. Unlock Premium Now.

TOP PICK
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 13% in the past 24h.
DON'T BUY
This meme stock wrecked its balance sheet by borrowing lots of money to buy back stock, then failed with its merchandising strategy. BBBY reminds him of JC Penney. Today, shares soared, but is down after hours among the meme traders. He expects the meme trade to continue--but then fall.
premium

🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Premium members

Discover an exclusive list and analysis of the stocks that are trending on social medias—accessible only to our Premium subscribers. With a keen focus on the stocks that are setting social media ablaze, this weekly feature offers an invaluable lens through which to evaluate market movers. Say goodbye to the endless scroll through social media timelines; we curate the buzz so you can invest your time as wisely as your money. Unlock Premium Now.

TOP PICK
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 168% in the past 24h.
DON'T BUY
His data says that this market is overbought, and a pullback is coming (a buying opportunity). he's concerned because we're seeing the return of rank speculation in weak stocks, like this one which was a meme stock before. A red flag! Avoid buying these after they spike and this has in the past week, though plunged today. BBB last reported a huge net earnings loss and miss for fiscals Q3-2022. The street doubts BBB can manage their debt. Avoid. You could lose your entire investment.
premium

🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Premium members

Discover an exclusive list and analysis of the stocks that are trending on social medias—accessible only to our Premium subscribers. With a keen focus on the stocks that are setting social media ablaze, this weekly feature offers an invaluable lens through which to evaluate market movers. Say goodbye to the endless scroll through social media timelines; we curate the buzz so you can invest your time as wisely as your money. Unlock Premium Now.

TOP PICK

Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 92% in the past 24h.

premium

🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Premium members

Discover an exclusive list and analysis of the stocks that are trending on social medias—accessible only to our Premium subscribers. With a keen focus on the stocks that are setting social media ablaze, this weekly feature offers an invaluable lens through which to evaluate market movers. Say goodbye to the endless scroll through social media timelines; we curate the buzz so you can invest your time as wisely as your money. Unlock Premium Now.

TOP PICK

Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 131% in the past 24h.