Diamonds and Dogs


The meme stocks are back. Retailer, Bed Bath & Beyond (BBBY) is up 22% today and more than tripled this month as Internet investors reinvigorate a wave of meme stock buying, stands in the face of Wall Street banks sounding the alarm on the stock's lofty valuations. The average 12-month price target for Bed Bath & Beyond is $4.49 a share which implies a nearly 80% drop from current levels.

Krispy Kreme (DNUT) going down again. The donut retailer is down 14% today and down 50% since coming public for a second time last year. The company missed earnings and lowered full year guidance. The company is looking to expand Internationally to Australia and Mexico.

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