Making case for TGT: it's dividend stock, check below for dividend yield Yahoo finance says it's undervalued with 17% return Stock was $160 in May, now at $123 . It's on sale! tanked due to pride 🌈 themed items in store but will rebound.
Isn't retail taking a hit?
The market is volatile but you only realize a loss when you sell
That's why I love dividend stocks. No matter how stock moves you're still making some money off the dividends, I reinvest the dividends back into buying more of the stock
Already bought a bunch. Artificially Undervalued
Facts 💯
Target is a dividend aristocrat. A dividend aristocrat is a company that has increased its dividend payout for at least 25 consecutive years.
I don't think TGT is a bad buy, but saying "short squeeze" is really stupid. Its reported short interest is less than 3% on yahoo lol, squeeze those 3%
I'm blaming them for the fact that the stock is still artificially undervalued lol
It's lower than the prepandemic high of like $129 which is nuts
Don't trust me look who are all invested in TGT right now