Company Of The Day: Target
What?
Target (NYSE:TGT) posted a strong set of Q4 2021 results, with same-store sales rising by 8.9% year-over-year after rising by 20.5% in Q4 2020. The company has guided low- to mid-single-digit revenue growth for 2022.
Why?
- Shifting Targets: Are These Two Stocks A Better Bet Than TGT?
- Why Did Target Stock Jump 10%?
- With The Stock Almost Flat This Year, Will Q2 Results Drive Target’s Stock Higher?
- Is Amazon Stock A Better Retail Pick Over Target?
- Gaining 12% Year To Date, Will Q1 Results Drive Target’s Stock Higher?
- TGT Stock Up 21% YTD, What’s Next?
Target has done a good job following Covid-19, managing supply chain issues better than many retailers while adjusting to changes in consumer preferences with its drive-up, pickup in-store, and same-day delivery via Shipt services.
So What?
Target stock rallied almost 10% in Tuesday’s trading.
See Our Complete Analysis For Target
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
Returns | Mar 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
TGT Return | 10% | -5% | 204% |
S&P 500 Return | -1% | -10% | 92% |
Trefis MS Portfolio Return | 0% | -11% | 252% |
[1] Month-to-date and year-to-date as of 3/2/2022
[2] Cumulative total returns since the end of 2016