Buy Target Stock. The Retailer’s Problems Won’t Last Forever.
Fashion is fickle, even for trend-friendly Target But the trend might get friendlier for the stock as it looks to put 2022 behind it.
It seems everything that could go wrong for Target (ticker: TGT) has gone wrong this year. Supply-chain problems caused the company to order too many items that consumers no longer want, like clothing and furniture, leading it to slash prices to move inventory.