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I agree, it's definitely an interesting opportunity and the price, it's already really nice.
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This week, Target $TGT and Walmart $WMT reported results
Do you have this sector represented in your portfolio?
I don't at the moment and I'm thinking about it a lot, $WMT seems to me to be less risky and has a consistently nice divi and $TGT again now has a nice price and the results ended up being better than expected so there could be potential upside there.
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I've been thinking about buying $WMT stock for a while now. The sector looks great to me, and the company has a nice track record.
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I don't hold, but I'm sure chain stores will always be needed, whether for physical purchases or, in time, perhaps as a stock purchase online and delivery...
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 🤔