We have upgraded our long-term recommendation on Sears Holding Corp. (NASDAQ:SHLD) to Outperform, given its efforts to revamp its organizational structure and operating model in order to overcome its sluggish top-line performances and even weaker bottom-line results.
Despite a marginal decline of 2.8% in top line, Sears first-quarter 2012 loss per share narrowed to $0.31 from $1.34 in the prior-year period and fared better than the Zacks Consensus estimate of a loss of $0.59. The improved results … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards