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Is Barnes & Noble (BKS) Ready to Breakout?

Zacks Equity Research

Are you a technical investor? If so, it may be time to consider Barnes & Noble, Inc. (BKS) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for BKS.

This trend may have already begun, as shares of BKS have moved by higher by 37.4% in just the past month. Plus, BKS has earned itself a Zacks Rank #1 (Strong Buy), so there is plenty of reason to believe that the run for Barnes & Noble has plenty of life left.

BARNES & NOBLE INC (BKS): Free Stock Analysis Report

Zacks Investment Research