Vertigo3d
Target (NYSE:TGT) is one of the companies that reminds me of the old Peter Lynch quote "buy what you know". When I first invested in the company in 2016, much of retail was left for dead due to the rapid
Target: Making The Right Moves
Summary
- 2022 was a rough year for Target.
- 2023 may be somewhat better, but investors should be looking to 2024 and beyond for full recovery in operating metrics and returns on the company's initiatives.
- The company is a buy today, but there are better opportunities out there.
My goal is to highlight the highest quality companies in the market, value or growth. I buy with a long-term time horizon, and am typically looking for companies with strong competitive advantages, solid management, and a history of creating shareholder value.https://www.tipranks.com/bloggers/jonathan-wheeler
Analyst’s Disclosure:I/we have a beneficial long position in the shares of WSM, TSCO, AMZN, LOW, HD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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