The stock traded as low as $44.18 on Friday testing my annual value level at $44.22. Investors considering KSS as a "buy and trade" stock with a buy at the value level should consider booking profits on strength to my semiannual pivot at $47.45.
Kohl's has a buy rating according to ValuEngine, is 17.0% undervalued and has a favorable trailing 12-month price-to-earnings ratio of 10.4.
Tiffany & Co (TIF) ($58.98) gapped below its 200-day SMA at $61.68 last Thursday after reporting earnings that missed analysts' estimates. The luxury retailer reported solid sales of high-end jewelry, but weaker-than-expected lower-end sales of silver-based goods.
Investors considering TIF as a "buy and trade" stock should try to catch this falling knife with a buy on weakness to my semiannual value level at $57.66. The upside is a return to the 200-day SMA with my weekly risky level at $62.99.Tiffany has a buy rating according to ValuEngine, is 21.9% undervalued and has a reasonable trailing 12-month P/E of 17.5. Yum! Brands (YUM) ($67.08) gapped below its 200-day SMA at $68.08 last Friday after reporting weaker-than-expected sales of fried chicken by KFC in China, YUM is a proxy for economic growth in China and weak numbers from this segment slashed the stock's share price by 10%. Investors considering YUM as a "buy and trade" stock should consider adding to positions on weakness to my semiannual value level at $60.69 and reducing positions on strength to my quarterly risky level at $72.24. YUM has a buy rating according to ValuEngine, is just 2.5% undervalued and has a slightly elevated trailing 12-month P/E of 20.9. Verisign (VRSN) ($34.15) was already below its 200-day SMA at $42.55 when they reported that raising software prices would be difficult given a new deal with the U.S. government. Shares were taken to the woodshed with a 13% chop to $34.15. Investors considering VRSN as a "buy and trade" stock should consider adding to positions on weakness to my semiannual value level at $23.84 and reducing positions on strength to my weekly risky level at $37.49. VRSN has a hold rating according to ValuEngine, is 21.0% undervalued and has a slightly elevated trailing 12-month P/E of 20.2. At the time of publication, the author had no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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