Is target stock about to sky rockets!?
-it's not been performing very well so much that it literally having the longest losing streak in twenty three years you're for to calm it down below if you support or disagree with what target has died down to the cupboard such it but with all opinions aside i wanted to jump into this and to ask myself a
-very simple question remove myself and my opinions about a specific company
-how and why is that sell it off and as a going to be the end of target or really the big question is this a potential opportunity for long term investors to be able to buy targeted at a discounted rate because of a short lived some off slots go ahead and jump
-run into it looking at target stock want to perform technical analysis first right looking at this on the date shark we are literally at fifty two week lows i want to show ya the quick math very quickly that quick math group of we are from overall lows of one twenty six seventy five we can see that based off of previous
-all time highs of to fifty nine which again this was way back and twenty twenty one i'm not saying that it's going to get all the way back to this price point i'm just saying that that it's previous all time highs and i want to compare to that right patterns tend to repeat themselves they don't always have to you but i think it's interesting to be able to see where we are now versus where we have been but
-for based off of that one hundred and four percent you just see my little trend by to right though that calculate the potential for our a why s target work to make a full recovery now that is really interesting to me because as an investor kind of going back to the very basics just like warren buffett says be greedy when others are
-fearful or be fearful when others are greedy obviously there's a lot of fear in the market for targets stock right now but now let's jump into their financial right what about their quarterly early reports does the sell off actually support the case of what they previously just report it know right if you actually look at the or quarterly
-financials that was just released the fuck not misstated ah let me double check so yeah just released on may seventeenth so as a yes can see their earnings per share their a ps there was a you expected earnings per share of one point seven six reported to dot o five a surprise
-be of expectation of sixteen point three six percent revenue expectation was twenty five point two five billion reported twenty five point three two billion now
-and yet i'm not saying that target stock needs to recover any time soon the cheap can get cheaper at the very simple aspect of what's going on right now this thing can continue to saw and the more the merrier right to the more that it sells off the cheaper i could potentially buy it for but the question that i really wanted to entertain is
-if you believe that this is the and of targets that of course walk away from this and never look at this again but all opinions decide
-based off of it's previous performance and looking at its history target stock has been a very strong performance stop now of course every company has it struggles and it's rough patches
-but i think like as an investor it's really important to ask yourself those very difficult questions during a very uncertain time
-course we're never going to be able to predict the bottom of a stock perfectly but you don't have to write ask yourself a simple question is this the and of target stock and if not is this a potential dead by opportunity for long term investors acted get it at a discount i want us to decide let me know down in the comments section is target stock is stop that
-you would entertain the idea of investigated if it begins to show signs of recovery or his target sock based off of what they
Comments
Post a Comment