McGough: Bed Bath & Beyond Is “Going To Zero”

2022-09-24 10:14:02 By : Ms. Cherie Huang

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In this clip from The Call @ Hedgeye, Retail analyst Brian McGough reiterated his bold short call on Bed Bath and Beyond (BBBY) in the face of its “meme stock” bounce. BBBY was down as much as 24% on Thursday.

"To be clear...This stock is going to zero," says McGough. "The stock will trade down big here today, even if it's down 20, 30%, I would still short it. Just hammer this thing."

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(This clip is a small taste of what our subscribers get each day on The Call @ Hedgeye. In a nutshell, The Call is our morning research call hosted by Hedgeye CEO Keith McCullough with our 40+ analyst research team. It helps small and large investors alike make better decisions via unique and investable stock/sector updates CLICK HERE to learn more.) 

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© 2022 Hedgeye Risk Management LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.

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