Every investment decision you make on Wall Street requires the balancing of risk and reward. However, simply taking on big risks doesn't guarantee big rewards.

Shares of Bed Bath & Beyond (NASDAQ: BBBY) have plunged in 2022 as the company attempts to turn its struggling business around. If it succeeds, there could be material upside for investors, but the likelihood of failure seems elevated.

Here's what smart, risk-conscious investors need to consider before adding this troubled company to their portfolios.

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Source Fool.com