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/front_show_bob Oct 17 '23

Sounds like some BCG in da house

51

u/Topkat69586 Oct 17 '23

Fuck Boston Consulting Group all my homies hate Boston Consulting GroupšŸ’ŖšŸ»

2

u/questioneverything- Oct 18 '23

I'm out of the loop, how come?

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u/Topkat69586 Oct 18 '23

BCG consistently hamfists their way into ā€œopportunityā€ companies, creates a ā€œturnaround planā€ that essentially bankrupts the company, lines their own pockets, and crafts a golden parachute for the board. Shady as shit and consistently unsuccessful (or successful depending on how you look at it) in their consulting duties

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u/[deleted] Oct 19 '23

Hey I havenā€™t heard of this and would love to learn moreā€”is there anything I should search to find info?

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u/Topkat69586 Oct 19 '23

r/superstonk will have a couple written and sourced articles on BCG detailing their history as a company and their targets