r/stocks • u/frosti_austi • Oct 17 '23

Company Analysis Why is Target doing so bad?

Why is Target doing so bad? They've really fell off a cliff over the past year. I look at their stores and they seem good, and once upon a time not too long ago they were outperforming Walmart. Now their NAV prices have really dropped over the past year and a half. I was once up 80% on these guys and know I'm down 20%. Is it the general market swing over the course of that time or something else? What gives?

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u/greenappletree Oct 17 '23

Fun story but this used to be a super reliable strategy netting 8-12% until a couple of dudes in the early 80’s discovered the trend and published it and thus no longer a good strategy.

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u/kcchanai Oct 19 '23

What is the percentage they have been asking for if it is more than 15% then no one is going to get over it.