Dillard's Stock Is Soaring: Stay Far Away

Thus far, 2017 has been a bad year for department stores. Weak sales results and concerns about competition sent most department store stocks plunging in the first several months of the year.

However, department store stocks have started to bounce back in the past few months. For example, Kohl's (NYSE: KSS) stock has recovered almost half of its losses for the year since early June. But shares of regional department store Dillard's (NYSE: DDS) have gone much higher. Since hitting a multi-year low in mid-May, Dillard's stock has soared more than 70%.

Source: Fool.com