Target (TGT) on Wallstrip

Posted by Howard
on October 24th, 2007

I am not sure what to make of Target on Wallstrip. They do retail at a big level the best.

Anybody can and does shop there. It is a perennial uptrender over the long haul. I should own it. Alas, I don’t and don’t recall ever doing so.

This is one of those brands I should be buying on weakness, the trick is how much weakness.

For me, that would be the mid 40′s. In the meantime I watch and will focus on the faster growing stock opportunities. You can’t own all the great ones.

Brian has a good look at the technical picture for those looking to buy the stock now:

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