|Day Low/High||19.13 / 20.53|
|52 Wk Low/High||5.00 / 40.14|
Sears is sliding into the abyss.
Seritage acquired a portfolio of 235 properties from Sears in 2015.
Sears Holdings, Destination Maternity and Hibbett Sports, though in different areas of retail, all have had rough rides.
The REIT could find out very quickly that being shackled to a troubled Sears is not without serious downside.
Cash levels were not the only thing alarmingly wrong with Sears' second quarter.
A group of seven to 15 securities, if carefully selected, can provide all the diversification an investor needs.
SEC filings show which stocks these mega-investors like.
Group of 10 stocks rose 15% during the month, crushing the S&P 500.
Investors should see this selection as one part of a multi-year investment program.
Jim Cramer explained his position on FANG stocks Monday, while answering viewer questions from social media.
Stocks extended modest gains by midday Thursday as the energy sector pulled higher.
Retailer's rich cash position is overshadowed by awful sales numbers.