Bed Bath & Beyond Below $30: Is the Housing Market to Blame? [View article]
no doubt the stock is cheap, but the top line has decelerated over the last 3 quarters: that has to be blamed on housing weakness.
great balance sheet, strong EBIT margins for a retailer, good target for LBO
We see the stock @ 40 in 2-3 quarters, but that is assuming the average consumer feels wealthier next summer, which is a "big if"
net net, there is a lot of systematic risk in this stock and not so much idiosyncratic risk in this stock: patient investors should get compensated further down the line.............
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no doubt the stock is cheap, but the top line has decelerated over the last 3 quarters: that has to be blamed on housing weakness.
Dec 01 13:17 pm
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All Comments by Dan Jacome »Bed Bath & Beyond Below $30: Is the Housing Market to Blame? [View article]
great balance sheet, strong EBIT margins for a retailer, good target for LBO
We see the stock @ 40 in 2-3 quarters, but that is assuming the average consumer feels wealthier next summer, which is a "big if"
net net, there is a lot of systematic risk in this stock and not so much idiosyncratic risk in this stock: patient investors should get compensated further down the line.............