When one thinks about the Bitcoin movement and what company started the trend of using Bitcoin for its treasury, Strategy Inc. NASDAQ: MSTR comes to mind. Formerly known as MicroStrategy, its CEO, Michael Saylor, has been a diehard proponent of Bitcoin.
Target (TGT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Shares of Tesla (TSLA -5.20%) traded close to 6% lower as of 10:31 a.m. ET today, but had traded as much as 10.5% down before broader market volatility set in, causing volatile swings in shares.
Target (TGT 1.47%) has missed the mark for shareholders in 2025, declining 22% year to date and seeing a 41% decline from its 52-week high. The big-box retailer has struggled amid shifting consumer spending trends, with the latest headwind being the uncertainties surrounding tariffs being implemented by the Trump administration.
Target (TGT) closed the most recent trading day at $95.72, moving +1.53% from the previous trading session.
The stock market's steep fall this week claimed a lot of victims, among which were some onetime heavy investor favorites. One of these was veteran retailer Target (TGT 1.47%) which, according to data compiled by S&P Global Market Intelligence, lost nearly 8% of its value across the period.
Lamb Weston's restructuring plan could make the company a takeover target for a larger food company. Lamb Weston is trading at more than half its historical EV/EBITDA (TTM), offering a 30% discount from 2024. The Jana Effect seems to be working, with Q1 2025 net sales increasing by 1% to $1.65Bn.
TGT teams up with Kate Spade New York to launch a limited-time collection on April 12, offering stylish, affordable fashion and home decor.
Everywhere you look, there's carnage on Wall Street today.
Hermès was one of the few luxury stocks rated Buy last November due to its robust fundamentals and favourable market multiples. The stock price has surged by over 20%, since far exceeding the initially projected 12% increase. This can be explained by the company's exceptional results compared with peers. But with the risk of continued weakness in the market and the stock's far more elevated valuations, it's hard to justify a sustained Buy rating.
The drop in sentiment, as reflected in soft data, is not yet supported by hard data evidence. Available forecasts do not consistently point to extreme scenarios that would justify a crisis-level decline in the S&P 500.
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's buying more Target.