Why Macy's, J.C. Penney, and Kohl's Surged in November
Shares of Macy's (NYSE: M), J.C. Penney (NYSE: JCP), and Kohl's (NYSE: KSS) jumped 26.9%, 18.2%, and 14.9% last month, according to data provided by S&P Global Market Intelligence.
The retailers delivered third-quarter financial results that were better than many investors feared, helping to fuel optimism that a strong holiday shopping season could drive continued gains.
These stocks' upward moves kicked into high gear on Nov. 9, when Macy's third-quarter adjusted earnings of $0.23 per share exceeded Wall Street's expectations for $0.19, and the company issued an optimistic outlook for the all-important holiday season.
Source: Fool.com
Kohl's Corp. Aktie
18,52 €
-5,17 %
Leichtes Buy-Übergewicht bei Kohl's Corp. mit 5 Buy- gegenüber 2 Sell-Einschätzungen.
Für Kohl's Corp. sieht die Community ein Kursziel von 23 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 18.52 € bedeutet.
