06.02.2025 09:15:00

Why Target Stock Could Be a No-Brainer Buy Right Now

The economy appears to be in a fairly stable situation. It's still growing, optimism remains strong as the stock market is doing well, and the overall outlook isn't that concerning. Investors, however, are worried that discretionary spending has not been all that strong, and that has resulted in a stock such as Target (NYSE: TGT) coming under pressure. In the past six months, it has fallen by 3%, which looks awful when compared to rival Walmart, which has climbed by 45% over the same stretch.You might be tempted to jump on Walmart's bandwagon, but here's why I think Target may be a no-brainer buy at its current price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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