The DOGE Agenda (Nine Stocks to Buy)

One Boston based think tank – who has studied Elon's work for decades – is stepping forward to share what they've found. They believe his TRUE plan is far more radical than anyone realizes. It could change the way you live, work, get paid...AND could make more people rich than all of Elon's previous ventures.

Target Customers Just Looking For Deals? Stock Flashes Bearish Warnings As EPS Guidance Unchanged Despite Record Holiday Sales

Rishabh Mishra
January 17, 2025

Target Corp.’s (NYSE:TGT) total sales grew by 2.8% over the last two months, with record-high sales during the holiday shopping season. Despite this, the retailer kept its EPS guidance unchanged. As this unfolds, the technical analysis of its moving averages is flashing a warning sign.

What Happened: Target’s customers could just be looking for “deals” while shopping at the retailer’s store as pointed out by its chief commercial officer Rick Gomez during its third-quarter earnings call.

Consumers "know there are deals to be found, they're willing to wait for sales and willing to search across multiple retailers,” said Gomez.

The company in its latest press release said that discretionary sales accelerated during the holidays, especially in apparel and toys, with continued strength in beauty and high-frequency categories. Holiday sales grew 2.8% year-over-year with comparable sales up 2%.

Additionally, Target guided a 1.5% Q4 comparable sales growth and maintains its EPS guidance of $1.85-$2.45 for Q4 and $8.30-$8.90 for the full year.

The technical analysis of the company’s daily moving averages indicates bearish trends for the stock. Thursday’s close of $133.25 apiece was below its short and long-term moving averages.

The eight and 20-day moving averages stood at $137.68 and $135.25, whereas, the 50-day average was at $137.70 according to Benzinga Pro data. The stock price was much below its 200-day simple moving average of $149.05, signaling a bearish trend.

The relative strength index of 43.64 meant that the stock was in a neutral zone and it was neither overbought nor oversold.

See Also: Billionaire Investor Who Predicted The Dot-Com Crash 25 Years Ago Warns Of Another Market Storm Brewing In The US

Target vs Peers: During the third quarter, Target admitted to having higher sales only during promotional periods, whereas its peer, Walmart Inc (NYSE:WMT) CEO, Doug McMillon attributed 75% of their market share gains to “households earning more than $100,000.”

Costco Wholesale Corp. (NASDAQ:COST), another Target rival, reported a strong sales figure in December with a 9.9% jump to $27.52 billion in net sales for the five weeks ended Jan. 5, as compared to $25.03 billion last year.

Looking at their earnings, both of Target’s peers beat its sales and EPS estimates. In Q3, Walmart posted earnings of $0.57 per share on the revenue of $169.59 billion. Whereas, Costco in Q1 reported earnings of $3.82 per share on revenue of $62.15 billion. On the other hand, Target in Q3 reported earnings of $1.85 per share on revenue of $25.67 billion, missing the street view.

Price Action: According to Benzinga Pro, Walmart had a price-to-earnings ratio of 33.113, while Costco’s P/E stood at 51.020. Target on the other hand was the least expensive among these peers with a P/E of 14.130.

TGT’s stock was up only 1.25% in the past month. Over the last six months, it experienced a 14.54% decline, and last year, it fell by 3.96% over the year.

Target has a consensus price target of $160.61 a ‘hold’ rating, according to the 31 analysts tracked by Benzinga. The high target is $210, and the low is $108. Recent ratings by Stifel, Daiwa Capital, and Oppenheimer suggest a $146.67 target, implying a 1021% upside.

Read Next:

  • Jack Dorsey’s Block Eyes Over 39% Upside: BofA Says US-Centric Re-Acceleration Story Will Drive The Stock

Photo courtesy: Unsplash

Continue Reading...

Popular

Elon's No. 1 Investment During Trump's Term - Ad

Because Elon just poured $51 million into a new metal -- a "miracle metal" that is poised to solve the $267 Billion problem Elon says "will become increasingly critical in the next year"...With Trump in office... and Elon by his side... an early investment in a "miracle metal" that is going to revolutionize the AI market...We could be in for a very exciting year.

Elon Musk's OpenAI Bid, Meta's AI Robots, Intel's Lifeline, Johansson's AI Regulation Plea, And More: This Week In AI

Tech giants make big moves: OpenAI rejects Musk's $97B offer, Meta investing in AI robots, Intel-TSMC JV rumors, Scarlett Johansson calls for AI regulation.

Harvey Weinstein says he was duped into guaranteeing $45M loan, sues brother and other movie execs

Jailed and disgraced movie mogul alleges in a new lawsuit that his brother, Bob Weinstein, and other executives at their now-defunct film company duped him into guaranteeing a $45 million loan in 2016, but diverted funds for their own personal use while setting the stage for his downfall.

"Boring Trade" Generates $185 Every Day. Like Clockwork. - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Michigan judge sentences Walmart shoplifters to wash cars in the parking lot

A Michigan judge is putting sponges in the hands of shoplifters, ordering them to wash cars in a Walmart parking lot when spring arrives.

Trump and Crypto Industry Team Up To Fight Biden's 'Debanking' War on Digital Asset Firms

Trump and the crypto industry are uniting to challenge Biden's alleged 'debanking' campaign, which they claim targets digital asset firms.

The Top AI Investment of 2025 (And It's Not AI) - Ad

Because this "Miracle Metal" is not only 400 times stronger than steel... Weighs 85% less...And it conducts electricity better than copper... But it's poised to solve a $267 billion flaw threatening artificial intelligence as a whole... and could stop development in its tracks.

The art of the deal? Zelenskyy says a Ukraine-Russia agreement must come through Trump negotiations

MUNICH (AP) — appealed to as a dealmaker on Friday, offering flattering words as he sought the U.S. president's leadership in negotiations that could end the Russia-Ukraine conflict.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

AP reporter and photographer barred from Air Force One over 'Gulf of Mexico' terminology dispute

The White House barred a credentialed Associated Press reporter and photographer from boarding the presidential airplane Friday for a weekend trip with Donald Trump, saying the news agency’s stance on how to refer to the Gulf of Mexico was to blame for the exclusion. It represented a significant escalation by the White House in a four-day dispute with the AP over access to the presidency.

What's Going On With Lucid Stock Today?

Lucid Group reports the launch of its Lucid Gravity Grand Touring in Canada, showcasing impressive specs and charging capabilities.

Is Bill Gates Missing the Big Picture? - Ad

Bill Gates calls it: "The most transformative technology any of us will see in our lifetimes." Eric Fry agrees, saying it's far more advanced than anything today... including AI. But he also warns it could send millions of Americans into poverty.

5 Stocks That Could Suffer With Canadian Tariffs

Trump plans to impose tariffs on Canada, causing businesses to scramble. Auto industry, energy, agriculture, and manufacturing will be impacted.

Get Your Piece of the $5.39 Billion by March 25... - Ad

Once you hear more about what these AI firms have been up to...You'll feel like you're owed the $3,452.50 that is being paid out to folks like you every month. The opportunity to grab the next payout ends on March 25 -- so be quick.

Looking for a new home? Builders offering valuable incentives to entice homebuyers

LOS ANGELES (AP) — Americans looking to buy a newly built home this spring are likely to get a helping hand with their mortgage rate and other costs.

TRUMP Spikes 42%, Dogwifhat Up 25%: What's Going On?

Dogwifhat (CRYPTO: WIF) and the TRUMP (CRYPTO: TRUMP) meme coin are emerging as the highest gainers on Friday, putting in significant rallies from

5-Second Trump Clip will Give You Chills - Ad

If you have any money in the markets, take a moment to see this presentation with a 5-second clip of a shocking prediction President Trump made during his victory speech... Because according to legendary investor Louis Navellier, who correctly predicted Trump's win... This prediction is about to become a reality.

Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance

Analysts revised price targets for Applied Materials after Q1 results, beating estimates on revenue and EPS, but Q2 guidance fell short. Buy-rated with price targets of $195, $217, and $225.

Top 3 Utilities Stocks That May Rocket Higher This Month

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

More AI Patents Than Nvidia, OpenAI and Tesla Combined? - Ad

Most people have no idea this company exists. That's because it's on the inside of your smartphone, your computer, and everything else... 99% of Americans don't even know its name. Billionaires have been buying this $50 AI stock hand over fist...

Stock Of The Day – Does Capitulation Mean A Reversal For The Trade Desk?

Shares of The Trade Desk (TTD) dropped by more than 30% on earnings. They ma be about to reverse and head higher.

A food bank netted a huge haul of 13,000 fresh salmon. The catch? The fish were still alive

AUBURN, N.Y. (AP) — A New York food bank was offered a huge donation of fresh fish this month — but it came with a catch.

3 AI Stocks Tied to President Trump's White House Return - Ad

Trump's return to the White House coincides with AI's -- and Nvidia's -- continued boom. That's why the President is crucial to Michael Robinson's 2025 AI Blueprint. Michael is a 40-year veteran of Silicon Valley has an AI Blueprint featuring three companies working with Nvidia who could be poised to benefit now that Trump is back in the White House.

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of electric vehicles.

The Elon Shock - Ad

All of Elon Musk's strange behavior in recent times is starting to make sense. His feuds with other leading technologists like Sam Altman and Bill Gates has all been building up to what he's been planning in Washington. It's a fascinating new financial story that some say could change life in America forever.

DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants

IT hardware stocks dip after DeepSeek news, but analyst sees growth potential in Corning, Hewlett Packard Enterprise, Western Digital, Seagate Technology and Apple due to specific catalysts.

Asset allocation when you have enough

I recently chatted with a retired couple who were looking for a second opinion about their portfolio’s . The key question: Is 65% in stocks too high for someone in their situation? Here, I’ll walk through some ideas about how to think through these issues.

Three Companies Could Benefit Greatly From AI's Next Boom This Year - Ad

My 2025 AI Blueprint features three of what I call Nvidia's "Silent Partners." Some of the world's hottest companies are working with AI's undisputed leader, Nvidia. And I've identified three of them that appear to be well-positioned for the next AI boom in 2025. Everything you need to know about them in my 2025 AI Blueprint.

A South Florida luxury condo project is planned for site where building collapse killed 98 people

SURFSIDE, Fla. (AP) — A Dubai-based developer plans to build a 12-story luxury condominium project on the South Florida site where in 2021, killing 98 people.

Mark Zuckerberg Follows Elon Musk's Footsteps As Meta Reportedly Plans Major Investment Into AI-Powered Humanoid Robots

Mark Zuckerberg could be following Elon Musk's footsteps, as Meta Platforms is reportedly planning a significant investment into AI-powered humanoid robots.

270x More Lucrative Than NVIDIA? - Ad

If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that could be a lot more lucrative. It's currently trading for only $20.

Did DeepSeek copy ChatGPT? Trump adviser thinks so

Did the upstart copy ChatGPT to make the artificial intelligence technology that this week?

UK Treasury chief backs third runway at London's Heathrow Airport

LONDON (AP) — The U.K. government is backing the construction of a third runway at London’s Heathrow Airport, Treasury chief Rachel Reeves said Wednesday.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Trump White House Puts DeepSeek Under National Security Scanner: 'Wake-Up Call To The American AI Industry'

The White House is reviewing China's DeepSeek AI for potential national security risks, amid growing concerns over intellectual property theft and its impact on U.S. AI dominance.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service