10 Best Cheap Stocks To Watch 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 Michael Lewis]
Where from here?
The stock pushed to new highs last week, and has seemed to stabilize above the $90 mark, giving it a forward P/E of 11.61 times. Now, the company is in much better shape and deserves higher valuation multiples than, say, J.C. Penney (NYSE: JCP ) , which has negative earnings but trades at just 0.32 times sales. But when comparing Dillard's to other, healthy department chains, such as Kohl's (NYSE: KSS ) , we see a more interesting picture. Kohl's trades at 10.7 times forward earnings, and while it saw lower same-store sales due to bad weather, the company still beat estimates and is set to grow via new stores. - [By Ben Levisohn]
As you might imagine, Macy’s miss has hit other department stores (I assume because if Macy’s isn’t able to beat, how will anyone else?). Nordstrom (JWN) has fallen 1.2% to $67.92, Dillard’s (DDS) has fallen 3% to $116.09 and Kohl’s (KSS) is off 2.2% at $54.69.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-cheap-stocks-to-watch-for-2015.html
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