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Target's Stock Is Up Over 30% This Year. Is It Still a Good Buy?
Key takeaways
- TGT NVDA WMT In recent years, Target (NYSE: TGT) has struggled to win over investors, with its larger rival Walmart being the hotter buy.
- What's behind Target's sudden surge this year, and can this trend continue?
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
TGT NVDA WMT In recent years, Target (NYSE: TGT) has struggled to win over investors, with its larger rival Walmart being the hotter buy. But this year, the tide seems to have turned, with the former rising by around 33% and the latter being up just 2%.
What's behind Target's sudden surge this year, and can this trend continue? Here's a closer look at whether the retail stock is still a good buy right now, or if it may be running out of steam.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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