Shares of $TGT are down more than 27% for the year, and the company pays a pretty nice dividend as well. The stock has been steadily declining for more than a year now, and the Bulios indicator says that $TGT stock is currently undervalued by more than 50%.
Do you have $TGT stock in your portfolio and if so, at what price are you overbought?
Target has suffered a lot, but at the same time has worked to make it better. Optimism was immediate for the stock and so far it has gained over 8% in the premarket.
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 🤔
I agree, it's definitely an interesting opportunity and the price, it's already really nice.
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.
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.
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 see an undervaluation of only 32.6%? :) But still, I think it's a good time to buy, so I bought :)