Target $TGT continued to fall this week
It is currently back to 2020 price levels.
If you can't beat inflation, you need to join it - I see a fine investment opportunity here.
What do you think?
A community member's personal view, not investment advice. Community Guidelines
AY
I've looked into the stats more and they have debt that's been growing for a few years now doesn't that somehow discourage you? 😁 Sure it's a big company and it's been around for over 120 years or whatever but I somehow don't really like it when that debt approaches almost half the value of the company 🤔
RR
Good point - a bit discouraging. All the more so given how much this debt growth has taken off in the last year. It should be decently covered by the OCF though. They should do something about it, but it's not going smoothly with those thin margins.
AA
It's not a good situation here. The market is literally a falling knife, but for long-term investors, this is a great opportunity to buy in. Right now, $TGT is at a great price and maybe it can be had a little cheaper.
RR
I'm wondering that too, why it would go up anytime soon. It's more likely to go down.
FB
It's slowly starting to look tempting, target's on my watchlist.
AY
Well I guess I'll add another stock to my portfolio :) But not to go gentlemen still somewhere to 100 :D As far as I can see I don't see very strong levels to some 90-100, yes some stop at about 116 could be possible if it falls further, but then I would rather see it as an even redder scenario. :) It's first extra support is at 80-90...
