For the normal investor, it's hard to see Sears Holdings (NASDAQ:SHLD) being the next super-stock to own like Berkshire Hathaway. But to many market experts, that is precisely what Sears is now -- less of a retailer and more of a long-term investment vehicle with as many prongs and sprouts as a Chia Pet.Jon Ogg reports on Mad Money's Jim Cramer, who says that Sears Holdings will be the largest beneficiary of the upcoming IPO of Fortress Investment Group -- the hedge fund that wanted to go public. Sorry, could not resist that. Anyway, when hedge funds start going public, it'd be a good idea to watch the equities wrapped up in those funds, yes?
Although there are no comparable funds to judge Fortress on -- yet -- shares of Sears, at roughly $180, may be a bargain, with highs of even $370 possible according to Cramer. Will Sears Holdings really be the stock that performs as Berkshire Hathaway has in recent decades? Place your high-stakes bets now, if you dare. SHLD is trading at $184.86 as I write this -- a new all-time high.
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