Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Bed Bath & Beyond - BBBY - Barchart Chart of the Day

|Includes:Bed Bath & Beyond Inc. (BBBY)
Barchart.coms Chart of the Day - Bed Bath Beyond (NASDAQ:BBBY)
Barchart Research Team - Barchart.com - Tue Nov 08, 6:09PM CST
Related Stocks
BBBY - Bed Bath & Beyond Inc.
Sym Last Chg Pct
BBBY 63.44 +0.48 +0.76%

The "Chart of the Day" is Bed Bath & Beyond (BBBY), which showed up on Tuesday's Barchart "All Time High" list. Bed Bath & Beyond on Tuesday rallied by 0.76% and posted a new all-time high of $63.83. TrendSpotter has been Long since Oct 11 at $59.46. BBBY on Tuesday rallied on unconfirmed rumors of a possible private equity buyout offer. Williams Capital on Oct 28 initiated coverage with a Buy rating and a target of $77. However, Morgan Stanley on Oct 27 initiated coverage with an Underweight and a target of $58. Bed Bath & Beyond, with a market cap of $15 billion, is a nationwide operator of superstores selling predominantly domestics merchandise and home furnishings.

bbby_700

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports
Stocks: BBBY