Target Corporation is a well known discount store that been around over 100 and went public around 1967.
JesusTrade Score: Buy
Scale Score Risky (7/10)
Portfolio Hold: Monthly Swing
Fundamental Reasoning: With earning around the corner, their numbers need to be payed attention (up the trade score due to earning being need). Year over year, store sales are up 20% and online sales up 200% April 2019 compare to April 2020, Target store sales are up 5% and Online sales up 4%. With rumor of recession around the corner and COVID-19 still active. This should be a good pick up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.