Kohl's said The Franchise Group's revised offer at $53 a share was not exercisable due to the current retail and financing environments.
With the market now in bear territory, it's a good time to look for stocks trading at a discount, because over the long term you are likely to see good stocks recover relatively quickly and continue to appreciate. Long known as a company with volatile and inconsistent earnings, the investment banking giant Goldman Sachs (NYSE: GS) has raised its quarterly dividend a ton since 2019 and now boasts an attractive yield for dividend investors. Goldman hasn't always been known as a dividend stock, but with its latest announced increase, which isn't reflected in the chart above, the bank plans to raise its quarterly dividend from $2 per share to $2.50 starting in the third quarter.
These three undervalued blue-chip stocks can make great buys for July: Goldman Sachs Group (GS): The world’s most successful investment bank continues to make money in this bear market. Microsoft (MSFT): One of the world’s rock solid technology companies is available at a bargain basement price. Nike (NKE): The leading sneaker and sports apparel company’s stock is trading at fire-sale prices right now. Source: Shutterstock The current bear market is fraught with risk and tension. However, the do