These Stocks Are Down More Than 25%, and I'm Not Worried at All
Buying the dip is a popular investing strategy, though not every sell-off is a buying opportunity. The problem, according to Warren Buffett, is that "turnarounds seldom turn." As an investor looking to buy the dip, you need to be able to differentiate between stocks that are down temporarily and those that are more fundamentally impaired for structural reasons that won't easily change.
Two retail stocks currently down more than 25% are Target (NYSE: TGT) and Home Depot (NYSE: HD), but they should eventually recover. Here's why I'm not worried about the decline in these two popular retail stocks.
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Source Fool.com
Target Corp. Aktie
141,24 €
-0,76 %
Target Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Die Community erwartet für Target Corp. ein Kursziel von 171 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 141.24 € bedeuten könnte.
