Gilford Securities Reiterates Buy Rating on Bed Bath & Beyond on Company Transformation


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In a report published Friday, Gilford Securities analyst Bernard Sosnick reiterated a Buy rating on Bed Bath & Beyond (NASDAQ: BBBY).


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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In the report, Gilford Securities noted, “Retailers with strategic vision are developing omnichannel capabilities to seize e-commerce opportunities and to keep stores relevant in a digital age. Along with BBBY, those in the omnichannel vanguard, Macy's, Nordstrom, and Finish Line, have the financial strength and earning power to absorb the capital requirements and expense increases. There is no assurance success will come to the omnichannel vanguard, but we believe with certainty that laggards will lose market share. BBBY is also transforming its merchandise offerings to enhance the drawing power of its websites and stores as shopping patterns change. A new multi-faceted company is emerging.”

Bed Bath & Beyond closed on Thursday at $70.10.

Posted In: Analyst ColorReiterationAnalyst RatingsBernard SosnickGilford Securites