5 Best Quality Stocks To Own Right Now

5 Best Quality Stocks To Own Right Now: Kohl's Corporation(KSS)

Kohl?s Corporation operates department stores in the United States. The company?s stores offer private and exclusive, as well as national branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares primarily to middle-income customers. As of January 29, 2011, it operated 1,089 stores in 49 states. The company also offers on-line shopping on its Web site at Kohls.com. Kohl?s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.

Advisors' Opinion:

• [By Traders Reserve]

  These customers are going to spend less at Kohls (KSS) and Target (TGT) and low-income customers are going to break Wal-Marts (WMT) heart(Well, given how they pay their employees, its wont be a broken heart, it will be a broken holiday season).

• [By Will Ashworth]

  But just to make sure you understand why I feel this way, let’s take a look at the major points I covered for JCP earnings previews in both the fourth quarter and this quarter, and how they’ve shaped up. There are seven points overall, and each encourages continued faith in JCPenney:

  Online Sales. JCPenneys online sales in Q1 2013 were $217 million, a 19.9% decrease year-over-year. This year it increased online sales by 25.7% to $273 million, or 9.7% of overall revenue. While it didnt quite hit my target of 10%, its close enough. I expect it do push into double digits in Q2. Private Label. As Ullman stated in its conference call, its almost back to where it used to be at 50% of revenue. St. Johns Bay is back as if it never left and Liz Claiborne is getting the attention it deserves. With private label boosting gross margins by several hundred basis points, you can expect that to help JCP stock in the future. Liquidity. This is the one that Jeff Macke and company are most concerned about and so they should be. You cant run a comp! any if you dont have enough cash to meet your obligations. This past year, liquidity never went below $1 billion and this year CFO Ed Record believes it wont go below $1.5 billion — evidence its making progress. More importantly, suppliers continue to be supportive of its turnaround efforts, and thats key to maintaining liquidity. Gross Margins. I specifically stated in my Q4 JCP earnings preview, As long as they can move above 30% in the next two to three quarters, JCPs survival is less in doubt. JCP delivered gross margins of 33.1% in Q1, 230 basis points better than a year earlier, and it expects to go even higher in Q2. Sears. Both Kohls (KSS) and Macys (M) experienced negative same-store sales growth in the first quarter. Sears (SHLD) doesnt report until May 22, but we can assume that its earnings going to be dismal as usual. JCP is taking back some of the market s

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-quality-stocks-to-own-right-now-2.html