Is Big Lots a Buy After Q1?

Filed under: Earnings Reports, Wal-Mart (WMT), Target Corp. (TGT)

Big Lots, Inc. (BIG) has been moving higher over the last twelve months. The chart looks relatively nice. But do you want to buy now? There's been so much bearish sentiment that it's hard to tell if the moment is right for this or any stock.



At the time of this writing, the stock was trading down over 2% to $35.17 during the afternoon session. The 52-week high is $41.42. According to TheFly, Global Hunter Securities believes the company is worth a better price target; the institution's research indicates that the shares could reach $43, two dollars higher than the previous target.

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Is Big Lots a Buy After Q1? originally appeared on BloggingStocks on Fri, 28 May 2010 17:40:00 EST. Please see our terms for use of feeds.

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