Can TGT Hit The Mark?

Can TGT Hit The Mark?

Target (TGT) shares have been crushed over the last two years, down almost 50% from their 2021 highs. TGT is now trading for only ~16x its 2023 EPS guidance of $7.75-$8.75. If 2Q23 earnings out Wednesday morning can meet a…

Sell Calls, Play Defense

Sell Calls, Play Defense

There is an article on the front page of today’s WSJ Business & Finance section about how investors are buying calls in record volumes – and paying up for them (“The Bull Market Is Just Getting Started, Traders Bet” [SUBSCRIPTION…

AVGO: Run It Twice

AVGO: Run It Twice

The best stock recommendation I ever got was at an investors meetup in San Francisco about a decade ago. At the time I was infatuated with a stock called Ambarella (AMBA) which provided the chips for GoPro (GPRO) – which…