Bought 1000 shares of Kohl's today and expected to make some $$. Excellent earnings reports came out yet the stock dipped. Why?

 

Probably because it is over-valued anyway. Why pick Kohl's (P/E 27) over Target (P/E 20)? All the women I know are ga-ga for Target but so-so for Kohl's.

 

Because just earlier, JC Penny also reported finely, and its stock jumped. Its P/E is not much different than Kohl's.

Oh, Target competes directly with Walmart, not Kohl's. Kohl's competes with JC Penny, Macy's, etc.

 

long term investments > short term investments
less risk more risk
less return(well not always) more return

if i were you, instead of selling right away, id keep it for another couple of years. just because it dipped doesnt mean you wont make any money back.

 

TJMaxx FTW man. Trust me

 

I don't see Kohl's a competitor to Penney's and cetainly not Macy's. Kohl's looks to be about a step below Target and one step above K-Mart to me...at least that's the impression I get from the stores around here.

 

Same here.

 

Sure they compete. What does Kohl's sell that my wife can't get at target? Nada. I know what you mean in terms of a narrower focus but Target > Kohl's. Just wondering why you'd pick a stock that some analysts pegged as over-priced even before the last three months of run-up.

 

never stepped foot in a kohls

 

Retail stocks.

And people think pink sheet pennies are volatile.