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Why I Just Bought This Underperforming Dividend King
TargetTarget(US:TGT) The Motley Foolยท2024-02-17 10:50

Like most investors, I like buying stocks that are winners. But sometimes appearances can be deceiving. A stock that has skyrocketed can end up being a loser over the long run. A stock that has plummeted can turn around and deliver huge long-term gains.I think Target (TGT 2.24%) is an example of a winner in the latter category. Here's why I just bought this underperforming Dividend King.A better story than the stock performance reflectsTarget's share price has fallen 16% over the last 12 months. That's espe ...