gamer456148

Cramer was Off, Expecting a $10 Target now for BBBY

Long
NASDAQ:BBBY   Bed Bath & Beyond Inc.
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, Jim Cramer seemed to think in May that BBBY would have a tough recovery given they are "deemed nonessential". He was being conservative and I get that, but you know whose not conservative? Some random guy on TradingView whose not a CNBC analyst. I am expected continued support for Bed Bath's bullish run and that a $10 target could be imminent. Overall though given it is retail, I am still giving this a long but I expect the $10 target to be in a short time period. If it hits $10, I would flip for a profit turnover if I was to get this, than reinvest.

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