1 Spectacular Dividend Stock Down 47% to Buy Hand Over Fist for Passive Income Investors

By Parkev Tatevosian, CFA – Jan 10, 2024 at 3:25PM

NYSE: TGT

Target

Market Cap

$76B

Today's Change

(0.18%) $0.30

Current Price

$164.74

Price as of April 26, 2024, 4:00 p.m. ET

I appreciate management teams that can make effective investments in improving the business.

Fool.com contributor Parkev Tatevosian describes why capital investment made to this company's asset base can propel it forward.

*Stock prices used were the afternoon prices of Jan. 8, 2024. The video was published on Jan. 10, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.