Kohl's Gets It Right

There are a couple sweet spots in retail: Catering to high-end customers with expensive goods and excellent service, like Nordstrom (JWN Quote); or offering appealing brands and a pleasant customer experience at lower price points, like Target (TGT Quote).

Kohl's (KSS Quote) has embraced the latter recipe for success.

We often buy stocks because of what we believe a company will achieve in the future. But what I like about Kohl's is it's not just a tomorrow play. They're getting it right today. ...