5 Value Stocks to Buy According to Billionaire David Tepper

4. Kohl’s Corporation (NYSE:KSS)

Appaloosa Management’s Stake Value: $43,322,000

Percentage Of Appaloosa Management’s 13F Portfolio: 1.69%

Number of Hedge Fund Holders: 42

PE Ratio as of June 23: 6.06

Kohl’s Corporation (NYSE:KSS) is an American retailer offering a range of merchandise, including accessories, apparel, and beauty products.

Kohl’s Corporation (NYSE:KSS) has posted an average free cash flow of $1.1 billion over the last five years. The company plans to add a further $2.5 billion in FCF during the following three years. Kohl’s Corporation (NYSE:KSS) is targeting an increase of 2-3% in sales during FY2022 through various growth initiatives. Kohl’s Corporation’s (NYSE:KSS) forward annual dividend yield stands at 5.26% as of June 23, which is considerably higher than the sector average of 1.5%. The stock is currently trading at $39.6 per share with a PE ratio of 6.06x.

Kohl’s Corporation (NYSE:KSS) was held by 42 hedge funds as of Q1 2022.