Target Stock repairing an inheritance of shares

Target stock (TGT) has definitely taken a beating along with most of the retail sector. Much of the blame can be placed with Amazon’s continuing encroachment on most retailers market share but at the same time stores like Target are also to blame for not competing strongly with Amazon, developing an online presence that is equally responsive to customer needs, contains a variety of product and has fast and inexpensive delivery methods. In short many retailers are not moving as fast as their customers are and that is a definite problem.

An investor wrote in wondering about an inheritance of 2000 shares of Target Stock.

Let’s review the questions first and then look at some answers.

Investor Questions

Teddi, I’ve been a long holder of Target stock for many years, as my father was employed by the predecessor company, Dayton Hudson I inherited what is now close to 2000 shares in 2008. I’m way too emotionally attached to the stock and have obviously taken a beating in the last year.

Are there any of your strategies you could point to my reading up on to try and claw some gains back? I’m guessing selling covered calls may be something to look at, but I don’t know where to start in terms of strike and expiration date.

Thank you for any thoughts you can offer.

David


Some Answers

There are a lot of steps this investor can take to protect and increase the profit from his inherited shares. At the same time he should also be prepared for any further declines by getting some protection in place.

The rest of this investor questions article is for FullyInformed Members.

 Investor Questions: Repairing An Inheritance Of Target Stock (TGT)





 

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