$LQDT
Liquidity Services broke out of a flat-base consolidation today at a 44.09 buy point, with its relative strength line hitting a new high (IBD live coverage).
The business is where excess inventory goes. Amazon, Walmart, and Target use its online auctions to off-load overstock. AstraZeneca, AbbVie, and Sanofi auction surplus lab equipment on its pharma marketplace. The USPS and TSA sell unclaimed mail and left-behind airport items through it.
Estimates are moving the right way: the FY consensus went from 1.47 to 1.61 over the past 60 days (Zacks), and the stock carries a Zacks Rank
#1 (Strong Buy).
~1.36B market cap on roughly 477M in annual sales. Shares up about 2.5% today near 43.89.