Recent Buy
I
recently purchased 50 shares of Target.
(TGT) on 01/30/14 for $56.8 per
share.
Description
Target Corporation sells a range of assortment of general
merchandise and food in its stores. The Company’s general merchandise and
CityTarget stores offer a food assortment on a smaller scale and its
SuperTarget stores offer a line of food items comparable to traditional
supermarkets. The Company operates in three segments: U.S. Retail, U.S. Credit
Card and Canadian. The Company’s U.S. Retail Segment includes all of its United
States merchandising operations. The Company’s U.S. Credit Card Segment offers
credit to qualified guests through its credit cards: the Target Credit Card and
the Target Visa. Its Canadian Segment includes costs incurred in the United
States and Canada related to its Canadian retail market entry. As of February
2, 2013, the Company had 1,778 stores in 49 states and the District of
Columbia. It also owns three distribution centers in Canada, with a total of
3,963 thousand square feet
Great pickup. I think TGT is definitely a buy here. I plan to keep averaging down as long as prices stay depressed. I think in a few years when people forget about the credit card incident, these prices will look great. I also think the Canadian expansion problems are temporary.
ReplyDeleteThanks I like that you are averaging on ur TGT buys.
DeleteWow, TGT is a good company!
ReplyDeleteOn my watchlist TGT is on place 28 (from 153).
Today I have bought 40 shares from HCP (place 42 on my watchlist)
But I think your purchase is better than my...
best regards, Dividend-Mom!
D-S
D-S good Purchase by u too.
Delete