Article By:
Tyler Durden
Monday, April 25, 2022 1:15 PM EDT
Simon Property Group and Brookfield Asset Management ,the new owners of JCPenney, have allegedly made an offer to acquire department store retail chain Kohl's for $8.6 billion. Under the proposal, the two would buy Kohl's for around $68 per share.
Avoid These 2 Stocks in July
But isn't now the time to buy? Once once the "clouds have passed," prices will rebound and it will be too late? $SPG $RUTH
Macy’s Q1 Was Bad, But The Company Has The Cash To Survive The Current Pandemic
Glad you liked it Sheryl! Right now I think a range of REITs and healthcare stocks are attractive from a risk-reward standpoint, including $ABBV, $BMY, $O, $SLG, $SPG, etc.