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Big Lots Pressuring Resistance – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/20628/Big+Lots+Pressuring+Resistance++-+Zacks+Tale+of+the+Tape
 Posted on Monday, June 1st, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Big Lots Inc. (BIG) was pressuring a short-term level of resistance at $23.94 in morning trade. This Zacks#1 Rank (”Strong Buy”) stock has topped the consensus estimate in each of the last 4 quarters with an average surprise of 11.63% or 5 cents per share. However, with a P/E of 12.1X, Big Lots is still cheaper than its closest peers.

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