Attention Target shoppers: The company pays a juicy dividend, it has a dividend growth rate of 24%, and online sales are booming. What’s not to like?
There’s a lot to like, actually, for investors who want to play a little defense in a tricky market.
Target (TGT) doesn’t have the fundamentals of a classic growth stock, but it has been able to crank out solid profit margin and return on equity in a choppy economy.