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$32.46 -0.19 (-0.58%)
8/20/2008 3:30 PM

Big Lots, Inc. (BIG)

CAPS Rating:
**

The Company manages its business on the basis of one segment: broadline closeout retailing. Its wholesale operations are conducted through Big Lots Wholesale, Consolidated International, and Wisconsin Toy, with online sales.

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Avatar jsthwrth (94.44) Submitted: 6/26/08 9:31 AM : Underperform Start Price: $31.56 BIG Score: -5.47

I know, I know...discount retailers are on a tear. Everyone is playing the macro trends and the trends tell us discount retailers will make all the money. With the rebate checks and their recent earnings, what isn't to love about the stock? It's just coming off hitting 52-week highs. I'm not picking this as a short-range loser, but rather I believe eventually it'll come back down to earth.


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