Department store giant Kohl’s (KSS -4.09%) stock performance over the last three years shows how important it is for investors to periodically assess a company’s long-term prospects. You should also periodically check how a company is progressing to see if you should give up and instead invest in a stock with better prospects.
If you made a $5,000 investment in Kohl’s shares three years ago, you’d have a lot less money today.
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Dwindling wealth
Kohl’s stock price closed at $8.12 on June 13 compared to $40.54 three years ago. That works out to a stock-price loss of 80%. During this time, the S&P 500 index gained 60%. Investing $5,000 then means you would have purchased 123 shares in June 2022. Those shares have a value of about $1,000 today.
You would have also collected dividends during those three years. These payments were…
