My Top Dividend King for the Second Half of 2022
With the S&P 500 and Nasdaq Composite in a bear market, many investors may find their investment portfolios down big. Yet, as bad as the broader markets are doing, the retail space has fared much worse.
The SPDR S&P Retail ETF is one of the largest exchange-traded funds in that industry. So far this year, it's down over 30%. Similarly, consumer discretionary has been the single worst sector in the stock market -- also down over 30% year to date.
Target (NYSE: TGT) shares have fallen around 37% over that same period and are hovering around a 52-week low. Still, there's reason to believe that the sell-off in the stock could present an excellent, long-term buying opportunity for patient investors. Here's why.
Source Fool.com
