We recently published 15 Stocks Jim Cramer Discussed As He Said CEOs Were Afraid Of Hiring. Kohl’s Corporation is one of the stocks Jim Cramer recently discussed.
Kohl’s Corporation’s shares have experienced somewhat of a turnaround over the past couple of months. Since late July, the stock is up by a whopping 73% as it maintains the tailwinds generated by a strong second-quarter earnings report. The earnings, which saw Kohl’s Corporation deliver almost 2x of analyst EPS estimates, came just as investors were wondering whether the business could continue stable operations. These sentiments were also echoed in Cramer’s thoughts about Kohl’s Corporation during the year’s first half, where he shared that the firm was suffering from “real structural problems.” This time, he remarked that the firm’s Sephora brand might have been its saving grace:
“I think Sephora saved Kohl’s. I don’t know what’s going to happen now.”
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Here are Cramer’s earlier thoughts about Kohl’s Corporation:
“I will say that I think that when you have say, Kohl’s, getting Sephora in, that would reverse the decline of Kohl’s for a bit. Now Kohl’s did have a decent last quarter.”
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This article is originally published at Insider Monkey.
