Bed Bath & Beyond Might Not Be Undervalued

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With all the negative attention surrounding Bed Bath & Beyond (BBBY), I think a closer look is warranted as the stock appears cheap - at least statistically.However, taking into consideration the company's plans moving forward and its growth prospects, BBBY might already be fairly priced.

As of July 13, 2018, BBBY is trading at roughly 7x earnings and at a slight discount to book value.

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