Sears Holdings Corp (SHLD) Stock: Shares On The Rebound After Company Announces New Business Plans

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Sears Holding Corp. Future Outlook

Sears Holdings Corp (NASDAQ:SHLD) is finally making some solid steps in the right direction that should benefit the company and its shareholders over the long run and could be an under the radar name. Some comments from the Chief Executive Officer following their press release:

“We are taking strong, decisive actions today to stabilize the company and improve our financial flexibility in what remains a challenging retail environment,” said Edward S. Lampert, Chairman & CEO of Sears Holdings. “We are committed to improving short-term operating performance in order to achieve our long-term transformation.”

Add this name to your watch-list for 2017 as this could be a turn around stock. However, we will need to see confirmation of their new strategies adding value to their bottom line and until they can, I will be sitting on the sidelines waiting patiently.

About the Author: Ross

Ross Cameron a full time day trader and is the owner of Warrior Trading (https://www.warriortrading.com). At Warrior Trading Ross hosts a Day Trading Chat Room and teaches Day Trading Courses to beginner and even advanced traders. Over the years he has offered day trading webinars and seminars for many large companies including eSignal, Trade-Ideas, Lightspeed Financial, and Speedtrader. In 2016 Ross was nominated for a Benzinga Fintech award for Best Educator. You can also follow him on twitter @daytradewarrior.
Note: This post was originally published on ModestMoney.com. Check out their site for the latest investing news and analysis.
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