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Bed Bath & Beyond Fixable; More Best Buy than Blockbuster. A Double?

-Hated stock; years of poor results, negative s/s sales; appears a victim of Amazon

-Still popular brand; activists and new CEO instilling new retailing culture; lots of value

-Bad news discounted; cost cuts, store closings, modern approach could double price

In decades covering Wall Street, I don’t think I’ve seen a stock as hated as Bed Bath & Beyond (BBBY), the beleaguered home goods retailer—except for Best Buy (BBY). That’s relevant, as I’ll show below. To call it a dog stock w...

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