Excellent article, the chowder rule supports my thesis that Target is an excellent buy at this time. It has its structural issues but the dividend is extremely safe with a payout ratio around 50%. Consumer defensive will be a great place to have your money in for the next recession and these stretched valuations.
I’m looking forward to this Friday!
Excellent article, the chowder rule supports my thesis that Target is an excellent buy at this time. It has its structural issues but the dividend is extremely safe with a payout ratio around 50%. Consumer defensive will be a great place to have your money in for the next recession and these stretched valuations.