We recently published 10 Stocks Jim Cramer Discussed As He Warned About Big Risk To Big Tech. Kohl’s Corporation (NYSE:KSS) is one of the stocks Jim Cramer recently discussed.
Retailer Kohl’s Corporation (NYSE:KSS)’s shares have gained 17% year-to-date, courtesy of a 71% gain since mid-July. The stock rose after the firm’s second fiscal quarter earnings beat analyst estimates by a wide margin. While Wall Street had penciled in an EPS of $0.29, Kohl’s Corporation (NYSE:KSS) posted $0.56 in earnings, which was nearly double the expectations. Cramer’s previous comments about the firm have wondered whether Kohl’s Corporation (NYSE:KSS) got a free ride when it comes to avoiding expectations of tariffs impacting its business. Here are his recent thoughts about the firm:
“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.”
Photo by Heidi Fin on Unsplash
Here’s what Cramer said about Kohl’s Corporation (NYSE:KSS) and tariffs:
“People perceive them as not having a, of eating some, but not all of the tariffs. Now everybody else had the same thing, but somehow they got hit with that idea and I thought it wasn’t right. Whereas Kohl’s, got, the free ride. The free ride.”
While we acknowledge the potential of KSS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
