I felt like a was getting a pretty good deal when I purchased Kohl's Corporation (KSS) last year. The stock had taken a huge fall over the previous year or so, the P/E was down around 11. The dividend was up around 4.4%.
It turns out that I would have had an even better deal if I had waited to buy it today. I guess that is the way it goes sometimes. Although KSS has not performed very well over the time I have owned it, I believe it remains a solid position in my "nonPension" portfolio.
Some things that may cause me to change my mind about this include the possibility that there might not be an increase in earnings during the new fiscal year even though an increase is expected; the possibility that the company might not raise its dividend significantly in May as it has in recent years; or evidence that online retailers will completely replace brick-and-mortar retailers in the very near future.


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