Canada markets closed
  • S&P/TSX

    19,800.61
    +20.64 (+0.10%)
     
  • S&P 500

    4,337.44
    +17.38 (+0.40%)
     
  • DOW

    34,006.88
    +43.04 (+0.13%)
     
  • CAD/USD

    0.7434
    +0.0000 (+0.01%)
     
  • CRUDE OIL

    89.74
    +0.06 (+0.07%)
     
  • Bitcoin CAD

    35,362.14
    +132.74 (+0.38%)
     
  • CMC Crypto 200

    562.34
    +2.83 (+0.51%)
     
  • GOLD FUTURES

    1,934.80
    -1.80 (-0.09%)
     
  • RUSSELL 2000

    1,784.24
    +7.74 (+0.44%)
     
  • 10-Yr Bond

    4.5420
    +0.1040 (+2.34%)
     
  • NASDAQ futures

    14,923.50
    -11.75 (-0.08%)
     
  • VOLATILITY

    16.90
    -0.30 (-1.74%)
     
  • FTSE

    7,623.99
    -59.92 (-0.78%)
     
  • NIKKEI 225

    32,678.62
    0.00 (0.00%)
     
  • CAD/EUR

    0.7017
    +0.0002 (+0.03%)
     

Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?

Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?

Target (NYSE: TGT) is one of the best-known big-box retail giants. Let's discuss what is dragging the stock lower, and why Target is looking like a great dividend stock to buy now despite some concerns. Over the past month, its stock is drastically underperforming the S&P 500, the consumer discretionary sector, the retail industry, and even peers like Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST).