The company that I’m about to break down falls under one of my favorite investing strategies – buying hated stocks.
And, as the contrarian I am, this is an incredible investment opportunity right now… that know one else seems to mention.
I’m talking about Target (NYSE: TGT).
Today, Target is considered one of the most hated stocks on Wall Street. As e-commerce companies like Amazon continue to dominate the market, traditional brick and mortar retailers like Target are feeling the pressure…
However, the company is a perfect example of a stock that is currently undervalued and overlooked.
And as the stock price is sitting near 5-year lows, I expect a favorable rebound for investors.
But before we get into any fundamentals, let’s take a look at where this stock is today… and why almost everyone on the street is unimpressed.