I am not so sure the next "stop" will be $55. Even though it is an option strike price, it may very well blow right through $55 without stopping on any positive news. The base this stock built recently is impressive; just look how it is methodically working its way up.
I can not see Kohls having any major bad news on the horizon, because if it does, it has to be one of the best kept secrets in history. I think good things are happening and will continue to happen.
Remember Wal-Mart stock about ten years ago stalled, but the compnay was still growing. When the growth proved to be accretive to the bottom line the stock price began to methodically move up.
Kohls is doing the same right now. The stores they have opened in the past few years, are paying off, and the new stores about to open are expected to do the same. Their srategic growth plan is proven working just fine.
Now when they tell Wall Street their projections for the coming year, Wall Street does not flinch like before; instead they realize Kohls growth plan is successful and they believe it should continue to be successful.
All IMO, based on the stock action and analysts comments,