Recession stock: Big Lots - Jamie Dlugosch

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Recession stock: Big Lots
Mar 05, 2009 08:50 PM UTC

Jamie Dlugosch

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Filed under: Earnings reports, Good news, Stocks to Buy, Recession

Discount retailer Big Lots Inc. (NYSE: BIG) saw its shares surge higher in Wednesday trading after it posted a fourth-quarter profit from continuing operations that came in ahead of analysts expectations and offered a better-than-expected outlook.

Clearly, investors view BIG as a recession stock to own.

Continue reading Recession stock: Big Lots

Recession stock: Big Lots originally appeared on BloggingStocks on Thu, 05 Mar 2009 15:50:00 EST. Please see our terms for use of feeds.

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