Burlington Stores is the IBD Stock Of The Day for Friday. The off-price retailer received an upgrade Friday as shares trend toward a buy point. Please watch the video ...
Burlington Stores earnings are due early Tuesday. Off-price peers are above buy points while Burlington stock is just below an entry.
Burlington has been benefiting lately from selling higher-priced goods to wealthier customers. But growth for the off-price retailer is going to be driven by store openings in the coming years.