Tag: TGT

  • This is Why Target (TGT) is Up More than $20

    This is Why Target (TGT) is Up More than $20

    Back from the dead, Target (TGT) exploded. Last checked, the retailer was up about $20 a share to $130.86 and could head higher.  Not only were earnings better than expected, but the holidays are just around the corner again. TGT topped Wall Street’s quarterly sales expectations and blew past earnings estimates, as purchases in high-frequency…

  • Target (TGT): It May be Time to Buy the Blood in the Streets

    Target (TGT): It May be Time to Buy the Blood in the Streets

    Target (TGT) may finally be bottoming out. All after the stock suffered through a brutal 2022. But that’ll happen with sky-high inflation, fears of a recession, and Americans living paycheck to paycheck.  Things were so bad for Target that it missed third-quarter EPS with a print of $1.54, which was below expectations for $2.16. Margins…

  • Why Back-to-School Stocks Are Exploding

    Why Back-to-School Stocks Are Exploding

    Back to school stocks are soaring, as hoped. Just yesterday, we noted, “After bottoming out around $120, the WMT stock is now up to $133.47.  From here, if it can break above triple top resistance, it could challenge $137 next.  Long-term, we’d like to see WMT refill its bearish gap around $150 a share.” This…

  • Three Red-Hot Back to School Stocks to Consider

    Three Red-Hot Back to School Stocks to Consider

    Back to school stocks are racing higher. All with total back to school spending expected to hit $74 billion this year from $71 billion in 2021, according to the National Retail Federation (NRF). “Families consider back-to-school and college items as an essential category, and they are taking whatever steps they can, including cutting back on…

  • Top Reasons to Consider Target Corp.

    Top Reasons to Consider Target Corp.

    Investors should keep an eye on Target (TGT). Still oversold, the retailer broke above prior resistance at $167.20 earlier today.  From here, we believe the TGT stock could go on to refill its bearish gap around $209 a share, near-term. For one, back to school shopping season is just weeks away. In fact, according to…