TGT - Big Lots: An Operational View
- Big Lots, Inc. will continue benefiting from the current macro environment with adequate growth ahead.
- The company's operating fundamentals are slowly but steadily improving. However, it is unclear whether this is a by-product of management actions or the current economic environment.
- P/E Valuation multiple is misleading when viewed in isolation, however, the risk/reward profile of the stock remains neutral.
- The company had a BIG momentum in the past year, and investors should remain cautious and wait for better entry points.
For further details see:
Big Lots: An Operational View