Burlington Stores, Inc. (BURL) was a big mover last session with shares rising nearly 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company since Mar 10, as the stock has now lost over 4%.
This retailer of branded apparel products has witnessed one positive estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies strong trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s sharp climb can turn into more strength down the road.
Burlington Stores currently holds a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Investors interested in the broader Retail sector may also consider stocks like Advance Auto Parts Inc. (AAP), Barnes & Noble, Inc. (BKS) and Bon-Ton Stores Inc. (BONT). All the three stocks sport a Zacks Rank #1 (Strong Buy).
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