Guys, what about that Target $TGT this week? I saw that it reported results, but the main driver to the downside (down 20%) was the weaker outlook for the Christmas season. I guess that's not that drastic right? Or was there something else negative said?
It's just that the price is very interesting with this drop. Are you buying?
Sure, it's not a growth stock and we can't expect giga growth there like ai stock, but the dividend is solid.
I'm staying away from TGT and would rather look at other stocks in the sector. WMT is doing very well, but their stock is pretty expensive right now.
In theory, this could be an interesting opportunity.
The results aren't great. If I had to pick something from this sector, it would be $WMT.