Advertisement
Australia markets open in 6 hours 52 minutes
  • ALL ORDS

    8,206.10
    +72.70 (+0.89%)
     
  • AUD/USD

    0.6786
    +0.0024 (+0.35%)
     
  • ASX 200

    7,959.30
    +69.70 (+0.88%)
     
  • OIL

    82.18
    -0.44 (-0.53%)
     
  • GOLD

    2,416.00
    -5.90 (-0.24%)
     
  • Bitcoin AUD

    88,867.83
    +2,204.72 (+2.54%)
     
  • CMC Crypto 200

    1,250.70
    +52.13 (+4.35%)
     

Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?

Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?

Target (NYSE: TGT) is one of the best-known big-box retail giants. Let's discuss what is dragging the stock lower, and why Target is looking like a great dividend stock to buy now despite some concerns. Over the past month, its stock is drastically underperforming the S&P 500, the consumer discretionary sector, the retail industry, and even peers like Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST).