WMT
$TGT RUN! ($WMT $COST )see full chart at www.tradingview.com
TGT
Entry $117.84
Target $122
stoploss $116
Why this play?
TGT had an amazing ER last quarter and a strong forecast ahead. They are a strong company with an amazing website, easy to order and trendy.
this company performed really well during Corona and i wouldn't be surprise to see them hit ATH again.
Target Q1 Comparable Sales Grew 10.8%, Digital Comparable Sales Grew 141%
First quarter comparable sales grew 10.8 percent, driven by a 12.5 percent increase in average basket, as guests made fewer, bigger shopping trips.
Store comparable sales increased 0.9 percent. Digital comparable sales grew 141 percent, accounting for 9.9 percentage points of Target's comparable sales growth.
Digital comparable sales accelerated every month in the quarter, from 33 percent in February to 282 percent in April.
Stores fulfilled nearly 80 percent of Target's first-quarter digital sales.
Same-day services (Order Pick Up, Drive Up and Shipt) grew 278 percent and accounted for approximately 5 percentage points of total Company comparable sales growth.
What is TGT
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home decor products, electronics, toys, seasonal offerings, and other merchandise; beauty and household essentials; The company also provides in-store amenities, such as Target Cafe, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and digital channels, including Target.com.
WMTWalmart (WMT) had a massive day today on news that they would be releasing Walmart Plus as a competitor to Amazon Prime. This created a significant breakout upwards of almost $10. After-hours trading saw a continuation of the uptrend. If the market holds steady, this may look for a potential gap fill towards the $132 resistance area. Additionally, today's surge creates potential for a gap fill down that may be seen in later weeks. (NOT SHOWN: RSI is sitting at 67 after the day's trading.)
$MNS breakout to new ATHs Great ER forecast catalyst$MNST beverage co. hit ATHs this AM then sold off into the afternoon. Stock moves slow but steady. Monster should be in line to report a terrific quarter with monthly sales #'s at all time highs and CFO said they are in line for highest profit quarter in their company history. Positive technical signals w the MACD crossover to positive, above all MAs, volume increasing as earnings approach. Stock has been consolidating for some time but has made a nice move up lately. Another consumer discretionary/consumer staple stock that could be late to the party like a $WMT and $COST too. Think this can hit 80+ with a ER crush and they do have the greatest returns out of any public company traded on the NYSE in the past 20 years! $MNST Monster Beverages kills it.
WMT - A Beautiful Chart, Recession Proof CompanyWhile others will publish just about anything to keep their click count and reputation up while first BEGGING you to LIKE their post PRIOR to even READING it, I ask you to first read my idea and THEN decide whether to contact me with questions or like my post. I'm here to help you find opportunities for trades and investments - not to beg you to raise my reputation. Now to the idea:
$WMT weekly chart - it's a beautiful thing. Walmart is as close to a recession proof company that you can find. Pharmacy, clothing, grocery, home improvement, toys, sporting goods, they have it all. They report next month and they will absolutely knock it out of the park. I can see this easily going to $150 and beyond. It's a core holding in my portfolio.
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