5 Shopping Stocks to Buy in Holiday Season

4. Kohl’s Corporation (NYSE:KSS)

Number of Hedge Fund Holders: 40    

Kohl’s Corporation (NYSE:KSS) is a retail company based in Wisconsin. Baird analyst Mark Altschwager recently raised the price target on the stock to $70 from $68 and kept an Outperform rating, underlining the firm had made positive changes to the operating model and was “underappreciated” by investors. However, there are reports that the firm could suffer from supply chain issues as holiday spending ramps up. 

Kohl’s Corporation (NYSE:KSS) has beat market expectations on earnings per share and revenue in three consecutive quarters, even as retail giant Amazon plans physical stores and disrupts the retail industry. 

At the end of the second quarter of 2021, 40 hedge funds in the database of Insider Monkey held stakes worth $1.3 billion in Kohl’s Corporation (NYSE:KSS), up from 35 in the previous quarter worth $1.4 billion.