Why You Should Stay Away from Bed Bath & Beyond

Credit: The Street
Published on April 11, 2019 - Duration: 00:42s

Why You Should Stay Away from Bed Bath & Beyond

Bed Bath & Beyond released earnings Wednesday after the bell.

Jeff Marks, senior portfolio analyst for Jim Cramer's Action Alerts Plus investing club, talked to TheStreet's Katherine Ross on why he wouldn't be a buy of Bad Bath & Beyond after its earnings.

"Yeah, I mean there's plenty of smart activists involved in the stock right now.

I just think the story is a little bit too tough for me.

There's much better retailers out there.

For example, for Action Alerts Plus, let's plus we own Kohl's.

Jim [Cramer] had a great interview with their CEO, Michelle Gass, last night.

I, I would recommend checking that one out.

There's home depot, which we own doing very well too, and there's Five Below [which was] stock was upgraded.

But I mean it's just too tough to own.

[Bed Bath & Beyond is] getting hurt by Amazon.

So to me I would stay away from that one." Related.

Jim Cramer: Bed Bath & Beyond Needs a Big Change After Abysmal Quarter Watch Jim Cramer's Daily NYSE Show and Replays Below

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