12 Stocks Jim Cramer Discussed As He Said SpaceX’s Starlink Internet Could Help President Trump

4. Kohl’s Corporation (NYSE:KSS)

Number of Hedge Fund Holders In Q2 2025: 31

Kohl’s Corporation (NYSE:KSS) is an American retailer whose shares have gained 7% year-to-date, primarily due to upward momentum since July that has seen the stock add 57%. The share price surge wasn’t due to the fundamentals. Instead, it was due to Kohl’s Corporation (NYSE:KSS) becoming a latest example of the meme stock mania that sees retail investors join forces on social media and drive shares up by buying in bulk. Cramer’s previous comments about the firm have discussed its business, and this time, he reiterated that Kohl’s Corporation (NYSE:KSS) is a short squeeze:

“Kohl’s, I don’t know, I mean this is one, you can say, clock is right twice a day, but I will tell you, they did say, they saw resilience with customers. Does have a new CEO. I’ve seen a lot of good things happening, but I don’t want to jump all over it because in the end it is brick and mortar, I’d rather be in TJX.

“Kohl’s is just a short squeeze. I think there are a lot of people that felt that Kohl’s, there was talk that they were having problems with vendors.”

The CNBC TV host discussed Kohl’s Corporation (NYSE:KSS) in detail recently. Here is what he said:

“I didn’t have Kohl’s. Which looks to be a meme stock. It’s up very big. . . .they had news, the quarter was just okay. Just okay.

[on whether the quarter would justify a 100% move in the stock] Absolutely not. [There’s a] Very big short position. And there’s a Reddit section that is very excited about it. This is the new world, David.”

“Kohl’s did not blow up. I mean Kohl’s is, got new management. Kohl’s is doing okay. I just think that what matters is that, this is in control of a group of people who are motivated. It’s a short squeeze.”

“I look at Kohl’s and I think, look it’s not going to die. I mean I think it’s got, the last quarter was good. But at the same time, they decided to gut it, I mean Goldman raised the price from five to seven.

“If Kohl’s had any horses, it would very quickly chin up a secondary. I don’t know whether Michael Bender understands this. He’s the interim CEO. But that’s what he should do. He should use this to raise cap.

“But I just look at Kohl’s and I think, look a few minutes ago before this day started, they were looking bad. They’re now looking great. They do have a lot of borrowing. I mean this is not a clean balance sheet by any means. Not at all.

“Yeah they got Sephora. But they have six billion in debt. And they have a chance to just, to take advantage of it. David it would be advantageous if they take enough money to cut that debt to say to five billion.”