Discount, Variety Stores Stocks under Scanner -- Costco Wholesale, Burlington Stores, Big Lots, and Ollie's Bargain Outlet
NEW YORK, September 22, 2016 /PRNewswire/ --
On Wednesday, September 21, 2016, the NASDAQ Composite ended the trading session at 5,295.18, up 1.03%; the Dow Jones Industrial Average edged 0.90% higher, to finish at 18,293.70; and the S&P 500 closed at 2,163.12, up 1.09%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Costco Wholesale Corporation (NASDAQ: COST), Burlington Stores Inc. (NYSE: BURL), Big Lots Inc. (NYSE: BIG), and Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
Costco Wholesale
Issaquah, Washington-based Costco Wholesale Corp.'s stock finished Wednesday's session 0.35% higher at $152.70 with a total volume of 1.53 million shares traded. Shares of Costco Wholesale, which together with its subsidiaries, operates membership warehouses, have gained 8.22% in the past one year. Shares of the Company traded at a PE ratio of 28.85. The Company's shares are trading below its 50-day and 200-day moving averages by 6.43% and 1.54%, respectively. Costco Wholesale's stock has a Relative Strength Index (RSI) of 31.66. Sign up and read the free research report on COST at: http://stock-callers.com/registration/?symbol=COST
Burlington Stores
Burlington, New Jersey-based Burlington Stores Inc.'s stock edged 0.75% higher, to close the day at $83.66. The stock recorded a trading volume of 1.14 million shares. Shares of Burlington Stores, which operates as a retailer of branded apparel products in the US, have gained 5.80% in the last one month, 31.98% in the previous three months, and 55.62% in the past one year. The company's shares are trading 7.65% and 38.74% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 35.63 and has an RSI of 61.54.
On August 26th, 2016, research firm MKM Partners upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $73 to $94. The complimentary research report on BURL can be downloaded at: http://stock-callers.com/registration/?symbol=BURL
Big Lots
On Wednesday, shares in Columbus, Ohio headquartered Big Lots Inc. ended the session 1.72% higher at $48.01 with a total volume of 1.06 million shares traded. Big Lots Inc.'s shares have advanced 5.28% in the past one year. The stock is trading 6.17% above its 200-day moving average. Moreover, shares of the Company, which through its subsidiaries, operates as a non-traditional, discount retailer in the US, traded at a PE ratio of 15.08 and have an RSI of 39.15. Register for free on Stock-Callers.com and access the latest report on BIG at: http://stock-callers.com/registration/?symbol=BIG
Ollie's Bargain Outlet Holdings
On Wednesday, shares in Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc. recorded a trading volume of 917,047 shares, which was higher than their three months average volume of 861,380 shares. The stock ended the day 3.09% higher at $26.39. Shares of the company, which operates as a merchandise retailer of various brand name products, traded at a PE ratio of 34.01. Ollie's Bargain Outlet Holdings' stock has gained 11.35% in the previous three months and 52.81% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 0.51% and 14.12%, respectively. Furthermore, shares of Ollie's Bargain Outlet Holdings have an RSI of 53.07.
On September 1st, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $30 a share to $32 a share. Get free access to your research report on OLLI at: http://stock-callers.com/registration/?symbol=OLLI
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article