Been following the TGT story for some time and at this level near and if it surpasses $71 I will be short the stock. The core fundamentals of the business are deteriorating, but then again most of the retail industry is suffering due to a lack of consumption.
I think TGT along with COST and WMT must represent the sector to be shorted. FASTGRAPHS shows TGT only to be slightly overvalued and it's a conservative tool. TGT is a premium company that should be a core holding for anyone along with WMT.
You're joking right? Hi beh, how about the fact that SSS continue to show increasing signs of slowing growth? How about the company's most recent earnings alert and full year guidance curtailment? Are those not relative?