We recently published 12 Stocks Jim Cramer Discussed As He Said SpaceX’s Starlink Internet Could Help President Trump. Kohl’s Corporation (NYSE:KSS) is one of the stocks Jim Cramer recently discussed.
Kohl’s Corporation (NYSE:KSS) is an American retailer whose shares have gained 7% year-to-date, primarily due to upward momentum since July that has seen the stock add 57%. The share price surge wasn’t due to the fundamentals. Instead, it was due to Kohl’s Corporation (NYSE:KSS) becoming a latest example of the meme stock mania that sees retail investors join forces on social media and drive shares up by buying in bulk. Cramer’s previous comments about the firm have discussed its business, and this time, he reiterated that Kohl’s Corporation (NYSE:KSS) is a short squeeze:
“Kohl’s, I don’t know, I mean this is one, you can say, clock is right twice a day, but I will tell you, they did say, they saw resilience with customers. Does have a new CEO. I’ve seen a lot of good things happening, but I don’t want to jump all over it because in the end it is brick and mortar, I’d rather be in TJX.
Photo by Jezael Melgoza on Unsplash
The CNBC TV host discussed Kohl’s Corporation (NYSE:KSS) in detail recently. Here is what he said:
“I didn’t have Kohl’s. Which looks to be a meme stock. It’s up very big. . . .they had news, the quarter was just okay. Just okay.
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