There is finally light at the end of the tunnel on

There is finally light at the end of the tunnel on Sears Holdings Corp (NASDAQ:SHLD). The stock chart has put in a bull flag over the last two weeks and I am stepping up to buy it. Granted, I am going to keep the position somewhat smaller, just 5,000 shares, but I am starting to believe a longer term bottom is in. While the stock chart is my main reason, I also think fundamentally the valuation makes sense at current levels. It can be argued that the real estate holdings alone of Sears Holdings is worth more than the $800 million market cap. In addition, with the stock market at new all-time highs, we may see a resurgence of the retail shopper hitting stores in the coming months.




Bull stock chart and valuation make Sears Holdings a buy