Good morning, everyone. Today, I would like to share with you the stock(s) that I will include in my portfolio today. It will be Target $TGT, the second largest discount chain in the US after Walmart.
While Walmart is going strong and growing even in a challenging market environment, Target has seen a decline of over 27% from ATH over the same period. This is an interesting opportunity for me to take advantage of.
I agree, it's definitely an interesting opportunity and the price, it's already really nice.
Under $130 is already a pretty nice price. Even the dividend yield looks better.
Quality at a low price, as they would say in the commercial 😄 But here it's true, Target is a keeper, you just don't see that in a discount.
Here it will depend on how they deal with the current environment in the rest of the year. There is a reason for the 27%, so the downturns may not be over. But $130 is decent for Target in my opinion.
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