John Buckingham sat down with Ed Silverstein (October 30, 2017) at The Wall Street Transcript and explained his value investing philosophy and how he patiently holds undervalued stocks through thick and thin. “Therefore, when people say, well what do you like, I tell them I like some of the things that haven’t performed. And a name that is interesting in my mind is Kohl’s. KSS is the ticker symbol. Kohl’s is the big department store operator. And Amazon has had a tremendously negative impact on the brick and mortar retail sector and investors have bailed out of those kinds of stocks, which in our mind can create opportunity if you’re selective. So, Kohl’s has a very good balance sheet, a big dividend yield, the yield is 5%. Earnings, while they’re not likely to grow dramatically, are also not likely to contract.”
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