Should Passive Income Investors Buy Target Stock?

Should Passive Income Investors Buy Target Stock? contributor Parkev Tatevosian reviews Target’s (NYSE: TGT) latest update and answers whether the stock is an excellent purchase for passive income investors.*Stock prices used were the afternoon prices of March 5, 2024. The video was published on March 7, 2024.Should you invest $1,000 in Target right now?Before you buy stock in Target, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Target wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.See the 10 stocks*Stock Advisor returns as of March 8, 2024Parkev 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.Should Passive Income Investors Buy Target Stock? was originally published by The Motley Fool

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