Sales

Target is getting slammed in premarket trading! Down 25%.

May
18

Target is a well established conservative company and today even they are getting beat up.  It was selling at a P/E of about 15.5 before it got hit.

Yes, inflation is going to effect them, but in 6 to 7 years, the decision to own them at the "Discounted" prices is going to look smart.

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Copyright 2017 Mark T. McLaren