We keep an eye out for companies that are truly struggling and may be headed for disaster. Stocks on are watch list are typically losing money, filing for bankruptcy or fighting to survive. We urge investors to do their homework when a company reaches this stage. Sears Holdings is rich in the rotten zone and sinking fast.
While Amazon is monopolizing the e-commerce sphere, Walmart remains the king of American commerce. This has squeezed all players in the retail market, but none as hard as Sears Holdings, the corporate parent of Sears and Kmart. The company’s October 2018 Chapter 11 bankruptcy saw the closing of 142 stores, with more slated.
Rating: Smells Like Trouble