10 Best Cheap Stocks To Own For 2015: Kohl's Corporation(KSS)
Kohl?s Corporation operates department stores in the United States. The company?s stores offer private and exclusive, as well as national branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares primarily to middle-income customers. As of January 29, 2011, it operated 1,089 stores in 49 states. The company also offers on-line shopping on its Web site at Kohls.com. Kohl?s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
Advisors' Opinion:- [By Paul Ausick]
Kohls Corp. (NYSE: KSS) added two national brands to its merchandise lineup this past fall, Juicy Couture and Izod, and Sterne Agee doesnt think the company has mined out that field yet and expects it to add three or four new names in 2014 likely in the mens and athletic wear. Buy-rated Kohls has a price target of $51 and the stock is already overvalued by about 7%. EPS growth in 2014 is tagged at 6% and the stores forward multiple is still just 12.4.
- [By Zahid Waheed]
Most US retailers didn't post a strong holiday quarter as severe weather conditions kept hurting their sales, and this includedRoss Stores (NASDAQ: ROST ) . Does this mean that Ross is no longer a buy? Let's find out what the future holds for the company and explore where it stands in relation to peers Kohl's (NYSE: KSS ) and Gap (NYSE: GPS ) .
- [By Paul Ausick]
Among the many retailers that no longer report monthly sales are Target Corp. (NYSE: TGT), Macys Inc. (NYSE: M), Kohls Corp. (NYSE: KSS), Wal-Mart Stores Inc. (NYSE: WMT), Abercrombie & Fitch Co. (NYSE: ANF) and American Eagle Outfitters Inc. (NYSE: AEO).
- [By Reuters]
Joshua Lott/Getty Images NEW YORK -- Several major U.S. retailers posted disappointing sales for November after cautious shoppers pi! nched their pennies at the start of a shorter holiday season. Some of the companies that reported sales gains ramped up bargains to bring in shoppers who appeared hesitant to splurge. Costco Wholesale (COST) said Thursday that sales at stores open at least a year rose 2 percent, below the 3.3 percent increase analysts were looking for, according to Thomson Reuters. The warehouse club chain said consumer electronics sales fell. Same-store sales at L Brands (LTD), owner of the Victoria's Secret lingerie chain, also came in below expectations. Its drop of 5.5 percent was far deeper than the 1.1 percent decline analysts were projecting. Wall Street analysts are expecting 11 top retailers to report a 2.7 percent increase in same-store sales for November, according to Thomson Reuters. Excluding drugstore operators, which get two-thirds of revenue from prescriptions, that gain is estimated at 2.3 percent. Gap (GPS) will report its November sales after U.S. markets close. Retailers have been contending with low consumer confidence and the need to prod shoppers with bargains this holiday season, which has six fewer days because of a late Thanksgiving. The National Retail Federation on Sunday said U.S. shoppers had spent 2.9 percent less this year over the Thanksgiving weekend, the kickoff to the holiday season. The Conference Board, an industry group, said last week that U.S. consumer confidence fell in November after a sharp drop in October as Americans worried about their future jobs and earnings prospects. Earlier this week, J.C. Penney (JCP) reported a 10.1 percent comparable sales increase, partially reversing a disastrous decline in 2012, but the department store chain had to resort to aggressive bargains. The "environment will remain as competitive" through the holiday season, Chief Executive Officer Myron Ullman said. I
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-cheap-stocks-to-own-for-2015.html
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