Thu, Sep 18, 2014, 9:52 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Sears Holdings Corp. (SHLD) Message Board

  • esl_75@rocketmail.com esl_75 Jan 25, 2013 3:12 PM Flag

    BERKOWITZ

    The second biggest position in the Bruce Berkowitz’s portfolio was Sears Holding Corporation (NASDAQ: SHLD). As of September 2012, Berkowitz owned nearly 16.94 million shares in the retail giant, accounting for 13.4% of his portfolio. Fairholme Fund was actually the second biggest shareholder in Sears, only after the retailer’s Chairman and CEO Eddie Lampert. Berkowitz considered Sears’ investment as a liquidation play, not a retail play. He mentioned that the inventory liquidation value of the company was similar to its current stock price. In addition, Sears also had significant value in its real estate. He thought if the real estate were fully valued on its balance sheet, the value of Sears would reach more than $160 per share. Currently, Sears is trading at only $46.24 per share, with a total market capitalization of $4.83 billion.

    Sentiment: Strong Buy

 
SHLD
28.00-1.56(-5.28%)Sep 18 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Oracle Corporation
NYSEThu, Sep 18, 2014 4:04 PM EDT
Concur Technologies, Inc.
NasdaqGSThu, Sep 18, 2014 4:00 PM EDT
Rite Aid Corporation
NYSEThu, Sep 18, 2014 4:02 PM EDT