|Bid||0.00 x 1300|
|Ask||0.00 x 4000|
|Day's Range||26.76 - 27.39|
|52 Week Range||18.54 - 39.53|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||8.79|
|Earnings Date||Mar 6, 2020 - Mar 10, 2020|
|Forward Dividend & Yield||1.20 (4.45%)|
|1y Target Est||27.60|
Big Lots (BIG) delivers better-than-expected third-quarter fiscal 2019 results. Further, management expects positive comps for fiscal fourth quarter.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018 as investors first worried over the possible ramifications of rising interest rates and the escalation of the trade war with China. The hedge funds and institutional investors we track […]
A blowout non-farm payrolls report launched U.S. equities higher on Friday. Can they continue the momentum next week? Let's look at a few top stock trades that might help. Top Stock Trades for Tomorrow No. 1: Goldman Sachs (GS)Source: Chart courtesy of StockCharts.comAt one point, it felt like you couldn't give Goldman Sachs (NYSE:GS) away -- that's how bad investors didn't want to own the stock. Now though? Shares are in breakout mode.$220 has been resistance for the past few months, but each dip in GS kept on getting more and more shallow. That's shown via uptrend support (blue line). With it now breaking out over resistance to new 52-week highs, bulls will likely look to keep up the momentum.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Overlooked Value Stocks to Buy That Will Shine in 2020 Should GS wobble, look to see if the $220 breakout area acts as support. If it does, it could be a buy-the-dip opportunity. Top Stock Trades for Tomorrow No. 2: Big Lots (BIG)Source: Chart courtesy of StockCharts.comBig Lots (NYSE:BIG) roasted short sellers on Friday, ripping 30% on better-than-expected earnings. This isn't a big-time breakout like we saw with RH (NYSE:RH) the other day, but it's still an encouraging move for bulls.Now, though, potential resistance looms nearby. I want to see if BIG stock can clear the $25 to $26 area. If it can, it not only puts the declining 200-day moving average on the table, but also marks a huge turning point for sentiment.If it gets over $26, bulls will have regained substantial control.If this area acts as resistance though, it's vital that BIG protects as much of its post-earnings gains as possible. Staying above the 100-day and 50-day moving averages would be ideal, but it's now vital that the stock stays above prior downtrend resistance (blue line). Top Stock Trades for Tomorrow No. 3: Bristol-Myers Squibb (BMY)Source: Chart courtesy of StockCharts.comBristol-Myers Squibb (NYSE:BMY) jumped to new 52-week highs on Friday, as bulls continue to bid this biotech stock higher. It recently closed on its acquisition of Celgene, while on Friday declaring a dividend that was up 9.8% from its prior payout. Nice.Shares are backing off channel resistance (blue line), so it's not clear if BMY will immediately continue higher or pull back first. If it's the latter, it would be encouraging to see $58 to $59 hold as support. Below that level and channel support will be on the tableOn a rally, see if shares can take out Friday's high, potentially triggering a breakout over channel resistance. Top Stock Trades for Tomorrow No. 4: Zoom Video (ZOOM)Source: Chart courtesy of StockCharts.comLast but not least is Zoom Video (NASDAQ:ZM). At one point Friday, shares were down more than 10% despite a beat-and-raise quarterly report.Now the setup is quite simple. Either support between $60 to $61 will hold and ZM stock will bounce, or it will fail and probe new lows.If it's the latter, bulls have no need to be involved with the stock from a trade perspective. A close below $60 and ZM will clearly need some more time before finding its footing. If it holds though, look to see if it can rally back to the 20-day and 50-day moving averages, and reclaim its post-earnings losses.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long BMY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post 4 Top Stock Trades for Monday: GS, BIG, BMY appeared first on InvestorPlace.
Big Logs Inc. investors were enjoying the best day in over 30 years Friday, after the discount retailer’s third-quarter report and an upbeat outlook suggested results may have bottomed out.
Big Lots (BIG) delivered earnings and revenue surprises of 14.29% and 0.62%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Investing.com - Retailer Big Lots (NYSE:BIG) stood out on amid a big market rally Friday after its latest results reassured investors that the company was on the right track.
Close-out retailer Big Lots said it swung to a third-quarter ending Nov. 2 net profit of $127 million, or $3.25 a share, as sales edged up 1.6% to $1.17 billion and comparable-store sales slipped 0.1%. Excluding gains including the sale of a California distribution center, it would have lost 18 cents a share. Analysts polled by FactSet expected a 16 cents a share loss on sales of $1.16 billion. Big Lots says it expects fourth-quarter profit of $2.40 to $2.55 a share and a slight rise in comparable-store sales. Analysts had seen fourth-quarter earnings of $2.68 a share. Big Lots says it expects a return to EPS and EBIT growth in 2020.
Big Lots, Inc. (NYSE: BIG) announced today that on December 4, 2019 the Board of Directors declared a quarterly cash dividend of $0.30 per common share for the fourth quarter of fiscal 2019.
lululemon's (LULU) third-quarter fiscal 2019 results are expected to reflect gains from merchandising policy and investments to achieve growth across sales channels. Higher costs might have been drags.
Strength in Chewy Pharmacy is expected to get reflected in Chewy's (CHWY) Q3 results. However, any deleverage in SG&A costs might have been a drag.
GameStop's (GME) collectibles sales category has been profitable for the past few quarters. However, pre-owned business has been exhibiting dismal trends. This might show on third-quarter sales.
Casey's (CASY) remains on track with its value creation plan. The company's price and product optimization strategy, and cost containment efforts are likely to have benefited fiscal Q2 bottom line.
Kroger (KR) is making investments to expand grocery offerings and build omnichannel platform. However, incremental investments might have kept margins under pressure during the third quarter.
Dollar General's (DG) commitment toward better price management, private label offering, effective inventory management and merchandise initiatives is likely to have driven sales in Q3.
Retail credit cards have some of the highest interest rates on the market — but millions of shoppers are still planning on opening new ones during the holiday season. CreditCards.com’s analysis was based on a review of 88 cards from 64 retailers.
Michaels' (MIK) third-quarter fiscal 2019 results are expected to reflect gains from robust omni-channel initiatives and cost-saving efforts. Higher tariff costs on imports might have been drags.
Tiffany's (TIF) focus on evolving its brand, enhancing omni-channel experience, elevating in-store experience and replenishing product portfolio is likely to have aided third-quarter top line.
Softness in comps and strained margins are likely to have impacted Signet's (SIG) Q3 performance. Also, sluggishness in International segment remains a concern.