jim s.

Sears Holding's Lampert Continues Great Brand Lineup

I am short SHLD. They keep losing business to WMT, TGT and Kohls and have the Kmart albatross around their neck. Though their P/E is a tad lower (now) than either of those uber-efficient big boxers, I'm guessing it will suffer in the coming year.

I stop in regularly to area Kmarts and the one Sears and am rarely impressed. The former have the stench of death about them and the latter is almost as depressing. This stock, though well off its highs, is probably going to suffer disproportionately if the US consumer pulls back. Then it's up to Lampert to play the derivatives market in order to make up the slack.

Bringing in Snapper to compete side-by-side with their Craftsman lawn machines doesn't strike me as something that's going to pull SHLD up by the bootstraps.