SVU cutting 800 jobs nationally to reduce costs to bottom line as well as insider buying. Unemployment numbers coming down and overall economy health stabilizing should push discretionary income stocks up as well. But $4-$5 gas prices are still an underlying hindering factor.
SVU could be a value trap as declining sales have been an issue, so has the "great recession" so to speak. SVU still managing to have near $40B in annual sales with gross profits of around $8-9B in a turnaround stage. Debt is still an issue, but if conditions improve and SVU gets back on track, could be a $20 stock at least that is what I have heard from various sources and of course these are opinions, no one really knows
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