Got $1,000? Here Are 3 Reasons to Buy Target Stock

Target's (NYSE: TGT) share price climbed 38% last year and now sits near an all-time high. That might cause someone to worry about making this retailer their next stock pick. What if all of last year's successes are priced in, and the growth story is over?

But I don't buy that worst-case scenario.

Instead, I think it's likely Target's winning streak will continue over the long term. And that's why, if you have $1,000 (or even less) to spare, now is a great idea to scoop up shares. Here are three reasons to target Target stock for investment.

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Source Fool.com