Big Lots (BIG) ($32.47 vs. $38.96 on Tuesday) missed EPS estimates by 8 cents reporting a loss of 16 cents a share premarket on Nov. 6. The buy rated stock fell to a low of $31.52 ending the week down 16.7% since Dec. 3. The close-out retailer of merchandise and toys is now 7.3% undervalued and is still up a modest 8.6% over the last 12 months and gapped below its 200-day SMA at $35.70. My quarterly pivot is $36.41 with a semiannual risky level at $44.47.
Bob Evans Farms (BOBE) ($51.31 vs. $55.59 Nov. 29) missed EPS estimates by 19 cents earning 56 cents a share in the afterhours on Tuesday. The buy rated stock fell to a low of $49.28 on Wednesday staying above its 200-day SMA at $49.12 ending the week down 7.7% since Nov. 29. The food distributor and restaurant chain is 19.1% overvalued and still up 27.9% over the last 12 months. My semiannual value level is $48.72 with a weekly pivot at $52.63 and quarterly risky level at $59.24.
Express ($19.57 vs. $24.61 on Nov. 29) missed EPS estimates by 2 cents earning 23 cents a share premarket on Wednesday. The buy rated stock was upgraded to strong buy after the stock plunged 21.1% from Nov. 29 to $18.58 well below its 200-day SMA at $20.99. The specialty retailer of men's and women's apparel is just 1.1% overvalued and is still up 36.9% over the last 12 months. My quarterly value level at $19.48 becomes a pivot with weekly and monthly risky levels at $23.41 and $26.75.
Five Below (FIVE) ($45.29 vs. $50.49 on Tuesday) matched EPS estimates earning 5 cents a share in the afterhours on Thursday. The buy rated stock which closed Nov. 5 below its 50-day SMA at $49.27 plunged further on Nov. 6 to a day's low at $45.00 well above its 200-day SMA at $41.54 ending the week down 10.3% from Tuesday. The specialty retailer of merchandise for teens and pre-teens is still up 30.5% over the last 12 months. My quarterly value level is $39.53 with a monthly pivot at $47.64 and weekly risky level at $54.56.Krispy Kreme ($19.97 vs. $25.38 on Nov. 29) matched EPS estimates earning 16 cents a share in the afterhours on Dec. 2. The buy rated stock was upgraded to strong buy as it gapped below its 50-day SMA at $23.59 trading down to $19.57 on Tuesday staying above its 200-day SMA at 18.70 ending the week down 21.3% from Nov.29. The iconic donut maker is 11.9% overvalued and is still up a strong 120.4% over the last 12 months. My quarterly value level is $17.20 with a weekly risky level at $24.38.
At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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