Collins Stewart is starting Big Lots (BIG) and Bed Bath and Beyond (BBBY) with Buy ratings (I,...

|About: Bed Bath & Beyond Inc. (BBBY)|By:, SA News Editor

Collins Stewart is starting Big Lots (BIG) and Bed Bath and Beyond (BBBY) with Buy ratings (I, II). The firm thinks the selloff in the former that's followed a weak Q3 report is overdone, given the Q3 softness was primarily due to aggreesive pricing and a mix shift; and it thinks the latter's $7/share cash position both allows it to support growth initiatives, and leaves open the possibility of dividends/buybacks.