In this segment of The Motley Fool's Where the Money Is, consumer-goods editor Mark Reeth and analyst Michael Finarelli discuss why the domestic-merchandise chain engaged in the new buyback program, why the stock dipped, and whether it should ultimately bounce back.
Jul 13, 2014 at 8:02AM
Bed Bath & Beyond (NASDAQ:BBBY) has breathed new life into its existing buyback program, which is essentially an investment in itself. Ideally, this also gives more value to current shareholders since everybody's piece of the pie becomes a little bit bigger. But Bed Bath & Beyond's stock has dipped some since the buyback.
Motley Fool Consumer Goods analyst, Mike Finarelli is a formerly devout value investor who now believes that value is in the eye of the beholder and paying closer to fair price for exceptional businesses with wide moats trumps all.
- Jul 13, 2014 at 8:02AM
- Consumer Goods