Better Buy: Bed Bath & Beyond vs. GameStop
Bed Bath & Beyond (NASDAQ: BBBY) and GameStop (NYSE: GME) are two of the market's wildest meme stocks. Both brick-and-mortar retailers face existential challenges, yet their stocks have been propped up by retail investors and short-term traders who have focused on their short-squeeze potential instead of their underlying weaknesses.
Bed Bath & Beyond's stock sank below $4 during the COVID-19 crash in March 2020, yet skyrocketed to the mid-$30s last January. It then plunged back below $5 this June, then bounced back to about $13. GameStop traded at less than $1 (on a split-adjusted basis) throughout most of 2020, soared to an all-time high of $86.88 last January, and now trades in the low $30s.
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Source Fool.com
