Hat tip to you, Bank of America analyst Curtis Nagle for adhering to some very basic principles of investing, which still matter even though meme stock traders couldn’t care less about valuation methodologies, free cash flow outlooks or margin structures. After seeing Bed Bath & Beyond (BBY) shares explode 62% on June 2, Nagle said in a research note on Friday that it’s time for him step back from the volatile stock. “This [move in the stock] comes in the context of no significant updates… Source link
Read More »This meme stock exploded 62% in one day and this Wall Street analyst has had enough
