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TGT
Entry $117.84
Target $122
stoploss $116
Why this play?
TGT had an amazing ER last quarter and a strong forecast ahead. They are a strong company with an amazing website, easy to order and trendy.
this company performed really well during Corona and i wouldn't be surprise to see them hit ATH again.
Target Q1 Comparable Sales Grew 10.8%, Digital Comparable Sales Grew 141%
First quarter comparable sales grew 10.8 percent, driven by a 12.5 percent increase in average basket, as guests made fewer, bigger shopping trips.
Store comparable sales increased 0.9 percent. Digital comparable sales grew 141 percent, accounting for 9.9 percentage points of Target's comparable sales growth.
Digital comparable sales accelerated every month in the quarter, from 33 percent in February to 282 percent in April.
Stores fulfilled nearly 80 percent of Target's first-quarter digital sales.
Same-day services (Order Pick Up, Drive Up and Shipt) grew 278 percent and accounted for approximately 5 percentage points of total Company comparable sales growth.
What is TGT
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home decor products, electronics, toys, seasonal offerings, and other merchandise; beauty and household essentials; The company also provides in-store amenities, such as Target Cafe, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and digital channels, including Target.com.
TGT
Entry $117.84
Target $122
stoploss $116
Why this play?
TGT had an amazing ER last quarter and a strong forecast ahead. They are a strong company with an amazing website, easy to order and trendy.
this company performed really well during Corona and i wouldn't be surprise to see them hit ATH again.
Target Q1 Comparable Sales Grew 10.8%, Digital Comparable Sales Grew 141%
First quarter comparable sales grew 10.8 percent, driven by a 12.5 percent increase in average basket, as guests made fewer, bigger shopping trips.
Store comparable sales increased 0.9 percent. Digital comparable sales grew 141 percent, accounting for 9.9 percentage points of Target's comparable sales growth.
Digital comparable sales accelerated every month in the quarter, from 33 percent in February to 282 percent in April.
Stores fulfilled nearly 80 percent of Target's first-quarter digital sales.
Same-day services (Order Pick Up, Drive Up and Shipt) grew 278 percent and accounted for approximately 5 percentage points of total Company comparable sales growth.
What is TGT
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home decor products, electronics, toys, seasonal offerings, and other merchandise; beauty and household essentials; The company also provides in-store amenities, such as Target Cafe, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and digital channels, including Target.com.
Trade closed: target reached:
Closed trade at $122 yesterday
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Also don't forget to check my other pages beacons.ai/diywallst