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Target Corp. Message Board

  • luckytrader8 luckytrader8 Dec 29, 2002 3:25 AM Flag

    buying opportunity for TGT

    TGT and WMT have been beaten down because of not so good Christmas sales. This has created a buying opportunity for them. These are "every-day" stores that you and I go shopping often. It's not like Macy or malls that rely on high-price items. In the Bay area, TGT has even much better locations than WMT. I have seen several newly opened TGT stores in our area, that are convenient and more styled. I like merchants sold at TGT. They usually have better quality with low prices. The TGT stores are usually cleaner and better organized than WMT. KM is the worst. From what I saw, TGT has better growth potential than other discount stores. People really were not shopping too much a few months ago. But, I have seen crowd in recent weeks when I go to these stores. The expectation is pretty low now and it is a good buying opportunity. I see TGT go back to $30-$35 in a few weeks.

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