TradingView
trilliondollar
May 2, 2022 1:29 PM

Buy BBBY (Long Term) Long

Bed Bath & Beyond Inc.NASDAQ

Description

Good level to buy now or near strong support of $12.50. Expecting a spinout or sale of one of their subsidiary Buy Buy Baby in the near future, which might drive the stock to >$30. Fundamentally the stock is pretty undervalued based on their revenue vs market cap, and has a low available float with high short interest.

Price Target 1: $30
Price Target 2 (9 months): $50

Trade active

Trade active

Averaged down
Comments
Chartguru1
100% agree…. Gd luck.
importedRhino20650
Price Target $3.5
ArmaanOG
@importedRhino20650, correct, let it get back to 3 dollar range first before buying!
More