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Is your portfolio set for what could be a volatile last half of the year? It may be time to meet with a financial advisor near you for a portfolio checkup.
Is your portfolio set for what could be a volatile last half of the year? It may be time to meet with a financial advisor near you for a portfolio checkup.
Shares of U.S. department store chain Kohl's jumped more than 100% on Tuesday, making it one of the most traded stocks on retail trading platforms.
Kohls' trading volume at the open was over 400% higher than the stock's five-year daily average.
Kohl's is deeply undervalued due to massive real estate holdings, with $5-$10 billion in assets largely unrecognized by the market. Short interest is extreme, creating potential for a short squeeze as fundamentals improve and shorts are forced to cover. Kohl's debt concerns are overblown; no major maturities until 2030, and recent SPV moves hint at unlocking hidden asset value.
Buying stocks in the retail sector can prove tricky. That's because a lot of things can happen quickly, such as changing consumer tastes, a failure of the retailer to adapt, or missteps that prove difficult to overcome.
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl's (NYSE: KSS) is helping families stock up for the school year with style and savings across everyday apparel, trending fashions, and hundreds of back-to-school staples under $10. “We know value is top of mind for families as they prepare to head back to class this year,” said Christie Raymond, Kohl's chief marketing officer. “At Kohl's, we're proud to offer great prices on the brands parents trust and the styles kids love — making it easy for everyo.
In a recent market update, Goldman Sachs raised its year-end forecast for the S&P 500 (SPX) to 6,900 by year-end, up from a previous ceiling of 6,500, and flagged three stocks investors should have on their radar, including two index stalwarts and one off-the-beaten-path growth opportunity.
One of the realities of accumulating wealth is that many people are not sure when to consider themselves wealthy. For so many people who manage to earn what they consider a small fortune, it’s not unheard of to still feel like they need to watch what they spend. Key Points This Redditor is concerned about overspending, even with millions of dollars in the bank. This isn’t an abnormal line of thinking in the FIRE world, as it’s more about retiring early and not overspending. No rule says you have to wear clothes from a specific store if you retire early. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) For one Redditor posting in r/ChubbyFIRE, who has a net worth of $3.5 million and counting, they still feel the need to fly economy. Even with
Robert Sloan, S3 Partners founder, and Sarat Sethi, DLCA, join 'Power Lunch' to discuss Sloan's thoughts on upcoming earnings, the overall market and much more.