Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Cramer Weighs In On Bed Bath & Beyond

Courtesy of Benzinga

Jim Cramer spoke on CNBC’s “Squawk On The Street” about Bed Bath & Beyond Inc. (NASDAQ: BBBY). The stock is trading more than 20% higher on Thursday on the news the company has appointed a new CEO, Mark Tritton, and Cramer thinks it should be trading even higher.

See Also: Market Loves Bed Bath & Beyond CEO Hire, But Analysts Warn Turnaround Is A Tough Job

Cramer is optimistic about the new CEO because of his potential influence on vendors. He added that the company is least affected by the trade deal and he sees more upside potential in the name.

Cramer has also said Tritton has apparently asked to be paid in shares, which means that he wants to turnaround the company.

Posted-In: CNBC Jim Cramer Squawk on the StreetManagement Media


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!