Opinions The Weekly Buzzing Stocks by Billy Kawasaki
Bed Bath & BeyondBBBYTOP PICKJan 12, 2023
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.
$3.92
Stock price when the opinion was issued
$6.27
As of Jun 04, 2026. Market Open.
specialty stores
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Premium contentTOP 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.
specialty stores
Premium contentTOP 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.
specialty stores
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.
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SELL
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.
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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.
specialty stores
Premium contentTOP 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.
specialty stores
Premium contentTOP PICK
The stock is up nicely year to date. The company is a turnaround story. The flagship store in New York is their jewel. Their e-commerce presence is improving as well. Jim Cramer likes the play and believes there will be a multi-year run. Social media mentions have increased 40% in the past 24 hours.
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COMMENT
It's chronically misunderstood, but he stands behind it. This is a legitimate turnaround story; forget the Reddit rally it had weeks ago. It's bounced between the high-20s and low-30s, then reported a good earnings beat, 4% same-store sales growth and 6% flagship store growth, far more than the street's expectations. However, some investors didn't like their cautious guidance about shipping concerns, and shares plunged 12%. This may be a buying opportunity.
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BUY
Now, investors are throwing out the non-essential retailers, so he expects a few more days of selling. Also, BBBY went up because of the Reddit short squeeze, now fading. So, Wall Street now has to get long behind BBBY. So, if one big analyst gets behind BBBY, it could be a home run.
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COMMENT
Stock plunged 11% today on a top and bottom line miss. Same-store sales were up only 2%, vs. the street's 5% estimate. Guidance was mixed this and next quarter. This, after last year's comeback. He still believes in the CEO. Also digital sales were up 77% company wide, and December was solid. So, the report wasn't all bad.
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