5 Best Rebound Stocks to Buy Now

1.    Big Lots, Inc. (NYSE: BIG)

        Number of Hedge Fund Holders: 19

Big Lots, Inc. (NYSE: BIG) is an Ohio-based retail company. It sells furniture, food, health and beauty products, as well as electronics and chemicals. The company operates more than 1,400 stores in 47 US states. It has an e-commerce platform too.  The firm sells plastic products, paper,  jewelry and apparel as well. Big Lots has a separate Wholesales division that provides clients with the merchandise they need in bulk orders. 

Last month, the Bank of America noted that bargain retailers like Big Lots were expected to benefit from the stimulus packages of the pandemic as delayed tax refunds were being resumed after witnessing a fall of 15% year-on-year at the beginning of the year.

Out of the hedge funds being tracked by Insider Monkey, Connecticut-based investment firm Mill Road Capital Management held the most shares in the firm- 1.7 million – worth more than $73 million. Arrowstreet Capital was 2nd with 661,876 shares worth almost $28 million.

You can also take a peek at 10 Best Biotech Stocks To Buy For 2021, and Top 10 Best Freelancing Platforms and Websites for 2021.

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