RedHotStocks

TARGET IS A STAND OUT WINNER IN RETAIL, BREAKOUT OPPORTUNITY.

Long
NYSE:TGT   Target Corporation
Sometimes we all get to distracted by the high flying an glitzy tech stocks and fades that come and go, one thing that is constant is we need to shop and TGT has revolutionised their approach to service so as to stay in touch with Walmart and Amazon. The retail sector has been a disaster this earnings session but target has rewarded investors with a 23% return in one month, it is now threatening to breakout to all time highs just like its competitor Walmart. Target trades at very competitive 15 P/E ratio which makes it even more compelling a case for investment, a break of resistance at $90 should attract extra investors and propel the stock to the $100 level.

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