- At first glance, the company may seem cheap from a P/E and P/FCF standpoint.
- The present valuation reflects the anticipated low revenue growth.
- However, long investors shouldn't delete this company from their shortlist, as they may be surprised by the growth of its ecommerce segment.
- Still, at this point, a long position wouldn't be a rational choice either.
- Remaining on the sidelines until either the technical support is confirmed, or more news become available, seems like the best option here.
For further details see:
Big Lots Seems Cheap But For A Reason