Could Sears Holdings Corp. be a baby Berkshire Hathaway in the making?
Last semester my history professor and I used to stay after class and discuss the market. One discussion between my professor and I prompted her to ask me what stocks do I like right now? I mentioned Sears, and needless to say her reaction was not one that I had hoped for. It struck me right away that she was not up to date with what was going on at Sears Holdings Corporation (NASDAQ: SHLD). My professor had the picture of a struggling American icon. I had the vision of a baby Berkshire Hathaway. Sears Holdings was created when Kmart Holding Corp acquired Sears Roebuck, thus creating Sears Holdings Corp. Both Kmart and Sears have been around since the late 19th century (Note that Sears, Roebuck and Co. was officially formed in 1893) and struggled in the latter half of the 20th century as Wal-Mart (NYSE: WMT) expanded. A quick briefing on the modern day Sears Holdings Corporation taken from Yahoo Finance: – The company operates through three segments: Kmart, Sears Domestic, and Sears Ca
