Target (TGT) Offering Possible 29.87% Return Over the Next 10 Calendar Days

Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $149.00 short call and a strike $155.00 long call offers a potential 29.87% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $149.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $155.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Target is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Target is bearish.

The RSI indicator is at 63.78 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

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LATEST NEWS for Target

Target, IBD Stock Of The Day, Holds Up In Market Rout And May Set Up Soon
Fri, 04 Sep 2020 20:26:15 +0000
After bolting higher following earnings last month, Target stock has held up, making it a potential buying opportunity over the next few weeks.

When Will We Be Able to Invest in Impossible Foods Stock?
Fri, 04 Sep 2020 15:02:13 +0000
Impossible Foods isn't going public any time soon.Source: Sundry Photography/Shutterstock.com Instead, the company that wants to revolutionize food is continuing to take big checks from celebrities and venture funds. Impossible Foods has already banked $1.5 billion.Bill Gates, Jay-Z, Katy Perry, Serena Williams, Jaden Smith and Trevor Noah have all chosen to invest in Impossible Foods stock. So have Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Khosla Ventures, UBS Group (NYSE:UBS) and Viking Global Investors.InvestorPlace – Stock Market News, Stock Advice & Trading TipsShould you? The Richest Get RicherBased on the stock market success of Beyond Foods (NASDAQ:BYND), Impossible's main rival, we're missing out on something special.BYND stock opened Sept. 4 with a market capitalization of $7.6 billion, on just $210 million in sales for the first half of 2020. Beyond Meat has lost about $8.4 million so far this year, but it has $222 million in the bank.If anything, Impossible Foods may be worth an even higher multiple. The company's retail partners include Walmart (NYSE:WMT), Kroger (NYSE:KR) and Target (NYSE:TGT). Its sandwiches are available at Restaurant Brands' (NYSE:QSR) Burger King and at Starbucks (NASDAQ:SBUX). It recently added an executive from Gap (NYSE:GPS) to its board.CEO Patrick Brown insists he's an idealist. He talks about the environmental benefit of replacing meat in the food system. But his idealism doesn't extend to spreading the wealth he is generating. The Real ProblemThe refusal of Impossible Foods to IPO is yet another example of how the public market has ceased to be a way to generate wealth and is now just a way to cash out.While we like to think of investors as being of one class, that's no longer true. Those who can get in on private equity deals represent a different class of people than those who only invest in public markets. They see less information, but they also see more opportunity.Many of the biggest companies of the last decade squeezed all their valuation out before going public. Uber (NYSE:UBER) didn't go public until its venture investors faced a "down round," raising capital at a lower valuation than previously. The stock still trades below its IPO price of $35 per share. WeWork wound up being exposed as junk before its IPO.Impossible Food's latest funding round gave it a valuation of $4.03 billion in August. A round earlier in the year was at $3.61 billion. The most recent price per share is $16.15. Beyond Meat opened for trade this morning at $130.I've personally tried both Impossible and Beyond Meat burgers. When cooked medium-well, there's almost no difference. The main trick in both is getting the texture right, a little less coarse than ground hamburger. Impossible Meat's innovation is soy leghemoglobin, which does the job of heme in making meat juicy and pink. Impossible Foods extracts its additive from yeast. The Next StageWhile fake meat makes good burger patties, there remains the problem of muscle texture. There's no Impossible Steak, and Beyond Meat's chicken product is still the equivalent of ground meat. Scaling may solve the other big problem for plant-based meat, which is cost. Meat from cows still costs less.CEO Patrick Brown has talked about structured meat as a goal but hasn't announced any.My guess is the company won't go public until it solves the problem. Should You Invest in Impossible Foods Stock?Until there is an S-1 filing with the U.S. Securities and Exchange Commission, investors will have to content themselves with Kardashian-like arguments over process. An example is a recent letter from Lightlife attacking Impossible Foods for how many ingredients it has. The company calls the claims false but it doesn't matter.The market for plant-based meat is expected to grow at 18% per year for the next five years, to $12 billion by 2025. That's still a tiny fraction of the actual meat market, which is $2 trillion.In other words, there's a runway for plant-based meat. You just can't get on it.On the date of publication, Dana Blankenhorn did not have (either directly or indirectly) any positions in the securities mentioned in this article. Dana Blankenhorn has been a financial and technology journalist since 1978. He is the author of the environmental thriller Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Follow him on Twitter at @danablankenhorn. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Despite what individual companies may promise, there's always the chance of losing a portion, or the entirety, of your investment. These risks include: 1) Greater chance of failure 2) Risk of fraudulent activity 3) Lack of liquidity 4) Economic downturns 5) Dearth of investor education Read more: Private Investing Risks More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post When Will We Be Able to Invest in Impossible Foods Stock? appeared first on InvestorPlace.

These 3 Value Stocks Are Absurdly Cheap Right Now
Fri, 04 Sep 2020 14:00:00 +0000
Boosted by a more important than ever digital economy, many stocks are back to setting fresh all-time highs. Three that I think are buys right now are Verizon (NYSE: VZ), Target (NYSE: TGT), and Intel (NASDAQ: INTC). Verizon is holding its own in this volatile environment.

Stock Wars: Target Vs. Walmart
Fri, 04 Sep 2020 12:10:10 +0000
Target (NYSE: TGT) and Walmart (NYSE: WMT) both opened their first stores in 1962. The two have a lot in common, but also key differentiators that set them apart. Today, we take a look at the two retailers compared side by side.Retail Strength In The US: There are now 4,753 Walmart branded stores in the United States. Walmart's U.S. segment contributed $341 billion in fiscal 2020, representing 66% of the company's annual revenue.A key differentiator between the two retailers is Walmart's ownership of Sam's Club. A membership warehouse, Sam's Club competes with rival Costco (NASDAQ: COST) in the U.S. with 600 stores.Sam's Club had revenue of $58.8 billion in fiscal 2020, representing 11% of Walmart's revenue.Target has 1,880 stores in the U.S. According to the company, 75% of the population lives within 10 miles of a Target store.International Relations: One of the big differences between Target and Walmart is in their international businesses.All Target locations are inside the U.S. In 2013, it tried to expand its business into Canada.The two-year run saw 133 locations open in Canada, but a $2.1-billion loss for the parent company.The Walmart international segment has over 5,900 units and serves 100 million customers weekly in 26 countries. In 1991, Walmart opened its first international store in Mexico. Walmart's international segment had fiscal 2020 revenue of $120.1 billion, representing 23% of the company's total.Digital Sales At Walmart, Target: Target's recent second quarter saw comparable sales growth rise 24.3%, the best-ever gain in company history, thanks to year-over-year digital sales growth of 195%.The strong digital gains have helped Target gain $5 billion in market share in 2020. Target has gained 10 million new digital customers so far in 2020.Walmart began its push into digital in 2000, but has made some disappointing acquisitions in the segment since then.The company paid over $3 billion for Jet.com in 2016. Jet was eventually shut down after some of the products and tech were pushed to Walmart; the company's founder leads the U.S. e-commerce operations.Walmart, Target Financials: Target has seen its sales grow over the last five years, but only at an average growth rate of 1.5%. Annual sales were $74.5 billion, $70.3 billion, $72.7 billion, $75.4 billion, and $78.1 billion for the last five full respective fiscal years beginning with 2015.Target has seen operating income dip throughout the last five years. Target saw its operating income hit $4.7 billion in fiscal 2019 compared to $4.5 billion posted back in fiscal 2015. Earnings per share have grown from $5.25 in fiscal 2015 to $6.34 in fiscal 2019.Walmart has seen its revenue grow annually over the last five years. Revenue was $482.1 billion, $485.9 billion, $500.3 billion, $514.4 billion, and $524 billion over the last five respective full fiscal years.Operating income for Walmart has fallen from $24.1 billion in fiscal 2016 to $20.6 billion in fiscal 2020. Earnings per share were $4.57 in fiscal 2016 and came in at $5.19 for fiscal 2020.Walmart, Target Stock Performance: Target shares are up 18% in 2020. Over the last five years, Target shares have increased 95%. The last 10 years saw Target shares gain 196%. Target has a market capitalization of $76 billion.Wallmart shares are up 17% in 2020. Over the last five years, Walmart shares have increased 115%. The last 10 years saw Walmart shares gain 177%. Walmart has a market capitalization of $393 billion.What's Next For Walmart, Target: Target is pushing the grocery segment to help improve its 3% market share compared to rivals Walmart (21%) and Kroger's (NYSE: KR) 10%.In 2017, Target acquired Shipt, a same-day delivery company, for $550 million. Food and beverage sales grew 20% for Target in the second quarter and represented 20% of overall sales.Walmart is pushing into a new membership program called Walmart+, which could help the company compete with Amazon.com (NASDAQ: AMZN). The membership will offer customers free grocery delivery, discounts on fuel and a self-scanning app to use in store to skip checkout lanes. Walmart is also one of several finalists trying to buy the U.S. operations of social media company TikTok.Photo courtesy of Walmart. See more from Benzinga * Tesla Reportedly Bringing More Superchargers To Target Stores(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Don’t Sweat the Sell-Off, Buy the Post-Earnings Dip in At Home Stock
Fri, 04 Sep 2020 11:44:18 +0000
There's no need to hit the panic button on At Home (NYSE:HOME) even though HOME stock plunged in early September.Source: Shutterstock.com The fall came after the home goods retailer reported second quarter numbers that — while very strong — weren't strong enough to justify what had been a 384% rally in the stock in the three months leading up to the print.This is a perfectly natural, totally normal sell-off in a stock that's been red-hot. The sell-off just looks super big because the rally has also been super big. Indeed, if you back out and look at the big picture, HOME stock is still up 250% over the past three months.InvestorPlace – Stock Market News, Stock Advice & Trading TipsFocusing on that big picture, it becomes clear that the long-term growth narrative supporting At Home is very compelling, and that the numbers imply significant upside in the stock from here over the next 5 to 10 years. * 10 Blue-Chip Stocks Ideal for Any Investor So don't stress this sell-off. Instead, embrace it. Buy the dip. Hold for the long haul.Here's a deeper look. Strong Earnings and HOME StockDon't let the huge sell-off in HOME stock fool you. At Home's second quarter earnings report was fabulous.In numbers: * Net sales rose 50.5%. * Comparable sales rose 42.3%. * Store count rose 7.4%. * Gross margins expanded 880 basis points to 38.1%. * Adjusted SG&A dollars dropped 10.8% year-over-year, leading to SG&A rate compression of 900 basis points. * Adjusted operating margins nearly quadrupled year-over-year to 24.6%. * Operating profits rose 446%.Broadly, the quarter showed that At Home continues to win share in the burgeoning home goods retail market, thanks to physical footprint expansion, as well as the company's unique value prop as an all-in-one home goods superstore.This momentum isn't slowing down, either. While the company did not issue an official guide, management commented on the conference call that third quarter comparable sales trends to-date are in-line with Q2, so up about 40%.If the numbers were so great, then why did HOME stock sell-off?Because management already reported preliminary second quarter numbers back in late July, and the numbers turned out to be exactly what management said they would be. Investors who have been bidding up the stock ferociously over the past few weeks probably wanted those numbers to be better than the prelim numbers, and/or were looking for a strong Q3 guide.They got neither. So selling ensued.It's just near-term trading dynamics. Nothing to worry about in the big picture. Compelling Long-Term Growth NarrativeZooming out, the big picture, long-term growth narrative supporting At Home and HOME stock is very compelling.In short, the company has a unique opportunity to leverage its all-in-one, superstore shopping experience to nationally consolidate the fragmented U.S. home goods retail market.If you've ever remodeled your kitchen, spruced up your bedroom, or upgraded the patio furniture, then you know that the home goods shopping process is not simple. That's because the market is highly fragmented. Whereas companies like Best Buy (NYSE:BBY) and Home Depot (NYSE:HD) offer an all-in-one, superstore shopping experience for buying consumer electronics and building materials, respectively, no such store exists in home goods.At Home has an opportunity to turn into that superstore for the home goods sector, and consolidate this retail category that is overly fragmented.That's because At Home has all the ingredients necessary to be a home goods superstore.The stores are massive. They average about 100,000 square feet, so on par with a Walmart or Target (NYSE:TGT) store. That's about 2X the size of your average Bed Bath & Beyond (NASDAQ:BBBY) store and 4X the size of your average HomeGoods store.The product selection is enormous. Every At Home superstore has over 50,000 product SKUs. And the prices are cheap. The average price point at At Home is just $15.Leaning into its size, product and price advantages, At Home has a compelling opportunity to turn into the Home Depot or Best Buy of the home good sector over the next 10 years. Tons of Upside PotentialThe numbers imply significant upside potential for HOME stock in the long run.At Home exited Q2 with 219 stores.HomeGoods has 800+ stores. Bed Bath & Beyond has 1,000+ stores. There's tons of real estate growth potential here. Indeed, management thinks At Home can continue to grow its store base by ~10% per year to 600+ stores at scale.Each one of those stores does about $6 million in annual sales. Store level profit margins at the stores hover around 30%. The math there implies $3.6 billion in 2030 sales, and $1.1 billion in store-level profits.Taking out $250 million for corporate overhead, $150 million for depreciation and amortization, $40 million for interest expense and 20% for taxes, you're left with potential net profits in 2030 of over $500 million.A 20X multiple on that implies a potential future valuation for At Home of $20+ billion.This is a $1 billion company today. Bottom Line on HOME StockAt Home stock is one of my favorite long-term, small-cap growth stocks to buy for the next 5 to 10 years. The post-Q2 earnings sell-off does not change the long-term bull thesis. Rather, it's just the stock taking a breather after a torrid run higher.To that end, long-term investors shouldn't run from HOME stock here. They should embrace current weakness. Buy the dip. Weather the storm. And hold for the long haul.Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been recognized as one of the best stock pickers in the world by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm.  As of this writing, Luke Lango did not own a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Don't Sweat the Sell-Off, Buy the Post-Earnings Dip in At Home Stock appeared first on InvestorPlace.

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