Back

Bullish Case: If Big Lots leverages ongoing store redevelopment and aggressive digital marketing to capture a more extensive customer base, improved sales and operational efficiency could sharply rebound the depressed stock price.


Bearish Case: Chronicling a steep price drop of over 90% in recent years and facing a challenging retail environment, Big Lots could continue struggling with weak fundamentals, high competition, and a pessimistic market sentiment, potentially driving the stock further down.


Potential Outcomes:

1. Revival through strategic asset management and improved sales (30%);

2. Continued bearish trend amid tough retail conditions (50%);

3. Surprise positive earnings or investor intervention, boosting share value (20%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 19, 2024


Big Lots Forecast

BIG        Big Lots
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BIG



JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (0.91)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (0.89)


ADC Forecast + Options Trading Strategies   ADC  Agree Realty (0.88)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (0.87)


TITN Forecast + Options Trading Strategies   TITN  Titan Machinery (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to BIG



BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (-0.0)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (0.0)


SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (-0.0)


CRUS Forecast + Options Trading Strategies   CRUS  Cirrus Logic (0.01)


M Forecast + Options Trading Strategies   M  Macy's (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BIG



LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.78)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.78)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.8)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.83)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.85)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BIG


 Ask me any question!