View Full Version : What stock do you buy? Target?


lovelyflorist
08-01-2007, 03:25 AM
Hi all,If I want to buy stock then I need to analyze the company's performance and ratios. Do you own Target stocks? If so, from your experience...do you earn any money from buying Target stocks? Please share your experience.

Yarcofin1759
08-04-2007, 05:08 AM
I would not buy Target and I never have. For one thing I am Canadian and I've never even been inside a Target store. Also they have way too much competition.... and much better competition. If I bought any retailer it would be Wal-Mart.However Target looks quite undervalued so if you were going to buy it now would be a good time. I can't see it going any lower than it currently is.You can realistically expect it to go to 70 again sometime in the next 6 months, in my opinion. The 1% dividend isn't that great but it's a bonus.

justwondering
08-07-2007, 06:51 AM
You need way more information and experience before you invest on your own. It is rather tedious it research this stuff if you heart is not in it. For some free experience you could give yourself a hypothetical $10,000. and do some fantasy investing. Then track those stocks and see what you would have made over a 6 -12 -24 month period. If you believe in a product and use it - then so do other people. Say a certain brand of motor vehicle or paint or food. Follow that stock - or look back and see where you would be now if you had invested 6-12-24 months ago.

BarryR3652
08-10-2007, 08:34 AM
I am a little nervous buying retail stocks right now. I think you should buy the company you know best, and whose products you love the most.Here are all my favorite stocks right now:http://top10traders.com/ViewPortfolio.aspx?userID=5

WayneP2111
08-13-2007, 10:17 AM
Atwood OceanicsDeere & Co

Kiker4255
08-16-2007, 12:00 PM
I love it when people discourage others from investing, citing you need more experience and knowledge...you have to start somewhere, and practical application is the best means to not only learn but to retain.I would suggest you open some books on the subject though (Cramer's are easy to read and he has a good way of breaking down his means of analysis).My two cents, though, is this.We are in an economic pinch right now, right? This Xmas season is not boasting some great figures, so that means not a lot of people will be spending. And, not a lot of people have enough to spend with the costs of food and gas being so high. So retailers are poised to do badly. This doesn't mean you shouldn't buy Target. This means you need to know WHEN to buy Target.I am not going to go into detail about analysising a stock, as you need to do homework on this yourself, but I will explain to when I would look at buying Target (if I were to buy Target, but I don't buy retail stocks). Xmas is looking to be a bust, and we are looking at heading into a rough year next year. So stocks are going to slip. The most volatile time is earnings season. So, I would look to see when Target posts it next earnings report (likely in march/april)...and then analysis the metric close to that time to see it they are going to have a positive report or a negative report. If negative, wait til after the report, as the stock price will drop...which means nothing but growth to come. If is a positive expectation (watch for any analysts changing their outcome, usually this means the rating on the stock will go up or down, depending on the news...this will be posted on Yahoo! Finance, under the Target Symbol...as part of the headlines...this will tell you what to expect on whether its a good or bad report to come)...anyways, if its looking to being a postive report, than buy the stock then and when the report comes out you will get a lift.Now, you already know how to buy stuff on the cheap, you just need to learn how to determine if a stock is cheap (never look at the market price!!! Rule Number One..because right now Abercrombie is way cheaper than Gap!!! In fact, if Abercrombie was as expensive as Gap, Abercrombie's market price would be $110/share). Cramer's book (get the recent one) explains when to see this. He uses sweaters as an example.If you saw a Polyester/Cotton Sweater for $30, you wouldn't know if it was expensive until you saw a Cashmere sweater for $100. But right off the bat, you already know which one is cheaper and which is of good quality. So, you have the instincts already. NOW, lets make this relavent to stocks.Same Poly/Cotton sweater being sold for $90, but the Cashmere is being sold for $95. Which one is better priced? Duh, right. Exactly the point though. You can't look at the price to be the judge, you need to know the quality. Hope this helped.Good luck

bizzbagg7209
08-19-2007, 01:43 PM
try rex stores (RSC) instead

water_skipper7294
08-22-2007, 03:25 PM
I've owned Target for a few months. Like most of my other stocks, it has gone down recently. Like my other stocks, I intend to keep it for a long time. I don't have plans to buy any more Target though. Now is a good time to buy. Be brave and do it! Even if you lose money, you'll learn a lot for next time.