TGT
Target Corporation
stock NYSE

How we feeling about TGT?

!banbet TGT $90 7d

TGT easy short

Loading up on some V calls and TGT puts

There has been speculation that TGT may be on GME’s acquisition radar.
Could it be possible that TGT moves HQ to Texas?
Article Summary: Target Corp. paid nearly $110 million to end its City Center lease. Most of that will go toward paying down debt on the tower.

I also hold Pfizer for similar reasons but my conviction for 2026 isn’t high. I too like to buy discounted stocks but there is some risk because those stocks are undervalued due to poor management or other issues and you’re looking for a turnaround. I have a few for you that I have conviction in for the coming 12 months. I would encourage you to do your own research so you feel good about your investment.
BBY, HPQ, TGT, PRU, SXC, UPS, PAYX, CMCSA

Amuse me. TGT is down 37% over the past 5 years. Their PEG is 1.92. Annual Revenue is FLAT since 2022. Where is the growth? Why should anyone be excited about this dinosaur?

OP, I think you've put a lot of great thought into this. You have a general understanding, but although unfortunately a lot of the responses have been dismissive (unnecessarily, imo), they are still worth heeding.
I don't recommend using more margin than equal to 50% of account value, so in your case \~$30k. This means you'll need to build up your account a bit more before you sell puts. Or you can pick a cheaper blue chip stock in the meantime to help build it up. Even if you don't want to cap upside on SPY by running the wheel, picking something reliable and/or already beaten down with lots of upside means that if/when you get assigned you can just sell ATM weeklies until the shares get called back (ie GOOG, NVDA, MSFT, NFLX, TGT, etc). Or just keep adding to your portfolio until you have enough to sell puts on SPY.
Overall, it sounds like you are cognizant to the risks even if there's more to consider such as Reg T. Spend a bit more time researching all the potential pitfalls. The fact that you are only considering SPY at least suggests you aren't trying to gamble, but I do think it's hard to know how you will respond to a drawdown emotionally until you are there.

Oh no! R/ValueInvesting found out about TGT. I better sell quick!

Thing is, comparing TGT's margin to Costco's is backwards. Costco runs thin on purpose because membership fees ARE the profit. Target's margin means they're barely making money on actual product. And like... 80% of Target's revenue is discretionary. Walmart is 60% grocery. Economy rebounds, people buy food first, throw pillows second. That low P/E is pricing in a discretionary retailer losing share to two grocery machines.

Why do you guys love companies that the customers hate or boycott? UNH and TGT!! Goodness gracious!

TGT might be a value play!

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|VANGUARD TARGET RET 2025 INV|VTTVX|
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|VANGUARD TGT RETIREMNT INC INV|VTINX|
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TGT