10 Best Performing Stocks 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 Teresa Rivas]
First, the downgrade. Binetti and his team believe that the company's target of $1.2 billion in EBITDA by 2017 is "overly optimistic" given slow growth in the department store industry and the lack of a clear roadmap for taking share from rivals like Macy's (M) and Kohl's (KSS). This skepticism comes as same-store sales trends are decelerating.
- [By Craig Jones]
Worth said that the stock significantly underperformed peers in the last two months. While American Eagle Outfitters (NYSE: AEO) and Family Dollar Stores, Inc. (NYSE: FDO) gained 38.5 and 28 percent, respectively, Amazon.com, Inc. fell 0.6 percent. Lands' End, Inc. (NASDAQ: LE) also did much better than Amazon.com, Inc., with an increase in price of 23.1 percent and Kohl's Corporation (NYSE: KSS) managed to gain 19.5 percent. Ross Stores, Inc. (NASDAQ: ROST) jumped 17.9 percent and Foot Locker, Inc. (NYSE: FL) added 15.8 percent. The weakness in 2014 is a concern for Carter Worth because between 2009 and 2014 Amazon.com, Inc. outperformed the market and the retail space.
source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-performing-stocks-for-2015-2.html