Jim seems to think you should. Sears Holding Company (SHLD) is and has been one of Jim's picks for a while. But now that they are at a good low and under new leadership this may be the right time to pick up this Berkshire Hathaway wannabe. I personally won't be buying this until I see three consecutive days of upward trade. Its up nicely today but from what Jim says in a few years this stock will trade in the thousands. I just don't see Sears stores coming back anytime soon. The way I look at it they have some real problems:
1) A serious branding problem
2) Lots of prime but unused real estate which should probably be sold to gain cash to resolve problem #1
3) An integration nightmare between the two giants.
4) Effects of Katrina
However Jim seems to think that all those factors are already factored into the price and this is the time to buy.
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