Did you read my last post? I highlighted Kohls and how Wall Street is looking for value stocks. Here is a great example of an underperforming company that is looking to be taken over.
I joked my wife said I have a few stocks that are doing very well. A very common phrase I hear from newer investors. I told her we but be patient, disciplined, and it's good to hold the value companies for the long haul.
Well, I think she is happy she is holding Kohls. Yesterday it was up a whopping 36% and I think could go higher. They won't sell for cheap...so let's watch the investors fight over who will date or win Kohls over.
Here is a snapshot of Kohls massive rise after two companies slid into their DM:
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