Kohls (KSS) NewsBite - KSS Gets Boost From Same-Store Sales
Wed. October 08, 2008; Posted: 10:15 AM
Oct 08, 2008 (Fresh Brewed Media via COMTEX) --
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PowerRating -- Kohls (NYSE:
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PowerRating) opened at $36.95. So far today, the stock has hit a low of $36.74 and a high of $39.55. KSS is now trading at $39.31, up $1.15 (3.01%). Over the last 52 weeks the stock has ranged from a low of $36.81 to a high of $63.97. KSS shares are trading higher this morning after the company posted a 5.5 percent drop in same-store sales in September, beating analysts' estimates of a 6.1 percent drop. Technical indicators for the stock are neutral and S&P gives KSS a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on KSS the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 35 range.
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For full details on Kohl's Corp (KSS)
click here. Kohl's Corp (KSS) has Short Term PowerRatings of 3. Details on Kohl's Corp (KSS) Short Term PowerRatings is available at
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