Is Target Stock a Buy in March 2025?
The stock's endured a painful 55% slide over the past few years. However, things could start looking up.
Target (NYSE: TGT), the popular retail chain famous for its red bullseye logo, has been a stomach-churning investment for several years. The stock has been on a steady slide since late 2021 and sits 55% off its former high today. The S&P 500 index has risen over 20% since then, so Target's struggles jump off the page at you.
Even more head-scratching is that Target is a blue chip company with a popular brand and a long track record of success, not some unprofitable, high-risk moonshot bet. It's a Dividend King with 58 consecutive annual dividend increases! That doesn't happen by accident.
So why is Target stock performing so poorly, and is there enough value here to justify buying the stock in March?
