Forget Bed Bath & Beyond: These 3 Stocks Are Screaming Bargains
Many investors continue to pile into Bed Bath & Beyond (NASDAQ: BBBY) stock despite the fact that high-profile investor Ryan Cohen, who many of them followed into the investment, has abandoned his position in the company. Even worse, the company is not profitable and recently needed to secure additional financing so that it could get vendors to start sending it merchandise again.
It's understandable that investors are bargain hunting for turnaround plays like Bed Bath & Beyond in the beaten-down retail sector, but they are likely wasting their time and effort. The good news is that there are plenty of interesting stocks in the sector that offer much more potential.
All three of the following retail stocks are profitable and trade at attractive valuations, and two pay market-beating dividends. Furthermore, all three have catalysts or potential growth drivers that make them legitimate turnaround plays, unlike Bed Bath & Beyond.
Source Fool.com
