“Kohl’s is a prime gift gap candidate with holiday shopping in full swing.”
As we approach the holidays, I have one retail stock on my watchlist I want you to know about.
The company is Kohl’s (KSS).
Yesterday in ProfitSight I identified KSS as a prime gift gap candidate.
If you don’t know what gift gaps are, you’re in for a special day.
Gift Gaps are major gaps – up or down – on a stock that Wall Street overreacted to.
You see… amateur traders might panic when a stock gaps down, but not me. I see them as an opportunity to make big gains.
That’s exactly what I’m looking to do here with Kohl’s.
Check out its chart below.
As you’ll see above, my ProfitSight scanner is showing a 24.45% Gift Gap on KSS. I’ve outlined the gap in red.
When a stock gaps near 25% like KSS is right now, my 10 years of backtested data shows an astounding 97% win rate.
Plus, the current shopping season means retailers like Kohl’s should see an influx in sales.
So this is a prime opportunity to get positioned on a potential swing back up in KSS.
Action Plan: With holiday shopping in full swing and KSS gapping down, I’ll be eyeing a trade in The War Room this week.
These Gift Gaps are fun to track, and KSS is just one of many Gift Gap setups you’ll get when you join ProfitSight.
ProfitSight is an AI scanner tool that shows you exactly which stocks are gapping up or down – saving you hours of time.
