On this segment of Investor Beat, host Chris Hill and Motley Fool analyst Charly Travers discuss why Target (NYSE:TGT) is a stock to watch.
Charly admits Target has had struggles recently with its data breach and margin hits in Canada, yet he continues to explain that he thinks the company is here to stay and is a viable alternative to Wal-Mart (NYSE:WMT). While e-commerce has hit other retailers, Charly doesn't see it really affecting Target. With the stock at $55 a share, Charly will be watching Target.
Charly Travers owns shares of Target. Chris Hill has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.