I am recommending the sell of the retailing sector. Why? The reason is simple, no one is buying anything right now. When was the last time you heard of a friend, neighbor, or colleague bought a new car? I tell you that it is obvious all over America (if not the world) put discretionary spending on perma hold a couple of weeks ago. You can rest assured that there isn't a retailer in America (even Walmart) that will have a great quarter.
Ever since Bush went on prime time consequences..... the retail market has come to a screeching halt that is only slightly less frozen than the cr
TGT's Projected P/E is 14.6x while the industry (Discount, Variety Stores) has an average Projected P/E is 18.5x, implying a projected stock price of $71.26.
TGT's projected earnings growth rate is 11.9% and has a PEG of 1.23 while the industry has an average PEG of 2.26, implying a projected stock price of $103.30.
Here are some more details and source of the analysis:
Target (TGT) seems like a very well run company based on their consistent growth in revenue and earnings (11% 5-year CAGR in revenues, 13% 5-year CAGR in EBIT, and 17% 5-year CAGR in EPS). This growth curve is nice and even too. It would appear that they will continue to grow in the future and therefore this would appear to be a great long-term investment in the retail space. In terms of timing, TGT has a low PE of 15 against an avg of 19 for the discount retail space. It also pays a small dividend of around 1% and is also buying back stock. However, since Oct of 2007, the stock has bee...
TheStreet.com's Jim Cramer says the downside for these stocks is smaller, but they won't be his first line of defense.
You should not get oil ramping and retail ramping. You can't have early-cycle running and commodities running, even though I know that commodities are a "rest of world" story.
I believe that Wal-Mart (NYSE: WMT) (Cramer's Take) can run, but the others? I have to say that if oil isn't going down, these sto...
Again Im going on advice from investor Dan Carroll here. As he puts is " One might notice the large numer of buys on the list - that is mainly because of the severe sell-off. But it is partly because these are stocks that I have targeted largely because I felt that they might make good investments. Interestly, there were very few buys on this list last summer." He has a pretty long buy list right now including stocks like TGT, MSFT, MINI, GCI...... you can see his whole buy list at www.vestopia.com but for right now I'm going to be buying some Target stock myself.
Retailers are not reporting very strong results currently, just ask Lowe's (LOW). The company lowered guidance materially, and said that too many uncertainties exist to call the bottom. Also, Target (TGT) lowered its September same-store sales forecast. The combination pushed the retail index down to a -3.0% decline in early trading.
Homebuilder Lennar (LEN) also posted dismal results, posting a net loss vs. the consensus for a gain. The company has cut its work force by 35% and anticipates futher job losses. The homebuilder index is down -2.1% currently.
Follow up to an item here from a little over a week ago on Target (tgt): Now the company says its September comp stores sales won't just miss, but missed by a long shot. Seems there were fewer customers in the stores -- and that can't be blamed on weather, which has been unbelievably delightful throughout much of the country. (Was in Chicago last week; weather was better than San Diego!) Could it be the credit crunch is finally starting to hit home? As we pointed out previously, Target's credit card receivables have been growing faster than sales. Target has said that's the result of o
Before you get excited about Target's (tgt) decision to sell its credit card receivables, with uplifting talk about using proceeds here's another way to think about it: What does it really mean?
If you look back, you'll note that Target's credit card receivables have been growing faster than sales. Not necessarily a good sign. Target says that's a result of a new program that zeros in on better-quality credits. But if this credit crunch has proved one thing, quality of credits (based on high FICO scores) doesn't necessarily mean people didn't get in over their heads. In fa
Amazon promises "millions of songs in the DRM-free MP3 format from more than 12,000 record labels" so that anyone can play the files on any device. Other e-tailers are going to be soon to follow. I expect Amazon to see that as competition finally arrives onto the scene that their dominating market-share will suffer and other influences will likely eat away at their margins. Even though Steve Jobs has called for the dissolution of DRM, I see the manifesto as nothing but an attempt to try to get ahead of the end of DRM to then be able to take credit for something well beyond the Jobs-ia
Target (TGT) trades in-line with the 14.3x S&P 500 P/E multiple. Costco trades at 18x. Both have rising earnings estimates.
The stock has emerged from a 18+ month base and now is sitting in support at the top of that base at $60 and just above its 20-SMA (which is currenctly $59.50... After breaking out of the base on good short-term momentum, I am looking for continuation to a new high, market permitting.
From cute commercials to well-lit, well-organized stores to products that people really want to buy, Target is a well-run retail company that keeps itself hip yet relevant in the customer's shopping mind.Products I really like that I find at Target:
1. C9 by Champion for men 2. Mossimo 3. Target's bedding lines 4. Cliff Bars (the cheapest by far, even cheaper than TJ's) 5. Dollar store - every so often, I'll find something really useful there like flipflops, squeegees, polycarbonate water bottles, and batteries 6. Market - Archer farms, wine cubes, etc. 7. Timex Ironman watches 8. Wine bags 9. Infan...
Looking for the bottom?....Keep looking.
- Why you should own gold. Historically, Gold has been a safe haven in distressed times, during high inflation times, at times when there was distrust o...
SELL THIS RALLY
- Sell this rally if you know what is good for you. The reasons are simple and relatively straight forward. Firstly, nothing has changed if anything th...
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
TGT
TGT
About Target Corp
- Answers.com
