Bed Bath & Beyond (NASDAQ: BBBY) continues to fall toward obsolescence as debt piles up and sales slide. It has already warned of nearing bankruptcy filing, and it's trying to cut costs, close stores, find a buyer, and negotiate with creditors. 

The risk of losing an investment right now doesn't look anywhere near worth the potential of the stock miraculously bouncing back -- especially when there are so many great stocks you could buy without the sky-high risk and with tons of potential. Other housewares stocks have enormous market opportunities and could lead to wealth creation without the fingernail-biting.

Consider RH (NYSE: RH) and Williams-Sonoma (NYSE: WSM).

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Source Fool.com