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Home / Columnists / Berko / BERKO: Deciding whether to invest in Stein Mart (access required)

BERKO: Deciding whether to invest in Stein Mart (access required)

Dear Mr. Berko: Why has Stein Mart done so badly in the past 10 years? What is wrong with the company? Does it really yield 11 percent? My stockbroker suggested I buy 5,000 shares "because it's a good gamble”! -- PE, Oklahoma City Dear PE: The company's biggest problem is tired, incompetent management. Stein Mart (SMRT-$2.50) ...

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