5 Best Supermarket Stocks To Buy

  1. Big Lots, Inc. (NYSE:BIG)

 – Investors with Long Positions (as of June 30): 24

 – Aggregate Value of Investors’ Holdings (as of June 30): $236.03 Million

So far this year Big Lots, Inc. (NYSE:BIG)’s stock has grown by nearly 20%. However, this is not reflected in the hedge fund activity surrounding the company during the June trimester, as total funds with investments in the company fell by two and the corresponding total holdings decreased by $14.44 million in value. Citigroup recently initiated coverage on the company with a ‘Buy’ rating and a price target of $58, which provides an upside of more than 20%. Cliff Asness‘ AQR Capital Management heads our list of Big Lots, Inc. (NYSE:BIG)’s investors as it owns about 1.71 million shares after hiking its stake in the company by 8% during the second quarter. At the end of June the total value of hedge funds’ holdings in the company represented about 10.10% of its market value.

 

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