Why Is Target Stock Crashing, and Is It a Buying Opportunity?
Target (NYSE: TGT) said that profits are falling as cost increases outpace revenue growth.
*Stock prices used were the afternoon prices of Nov. 19, 2024. The video was published on Nov. 21, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $368,053!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,533!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $484,170!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
See 3 “Double Down” stocks »
*Stock Advisor returns as of November 18, 2024
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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