This is the story of a company that for all intents and purposes, may be undervalued by the market simply because of its name. Sears Hometown and Outlet Stores (NASDAQ:SHOS) was spun off from Sears Holdings (NASDAQ:SHLD) in 2012, in the form of an IPO that generated almost $450M for Sears Holdings. This article ultimately is not about Sears, and investors should not think of SHOS as tied to Sears in any negative way. SHOS actually benefits from Sears, which will be discussed in more detail later. There is an uncovered story to the SHOS investment thesis that does not receive much attention at all. Consider that SHOS actually could benefit from the closing of...
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