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The words "cheap" and "bargain" might look like synonyms. But as I'm using them, the difference has everything to do with the future.
I'm highlighting 6 blue-chip stocks likely to announce dividend increases in June 2025, based on their consistent historical patterns. Dividend growth is crucial for my financial freedom strategy, especially during inflationary periods; I focus on stocks with strong dividend histories. Economic uncertainty and tariffs may impact the size of dividend hikes.
In the span of just 52 weeks, Target (TGT -0.79%) has traded as low as $87.35 per share and as high as $167.40 per share. Unfortunately for investors, Target is hovering around the low end of that range at about $95 per share at the time of this writing.
Brent Crude struggles near $63.50 support amid descending triangle formation. A breakout above $64.50 may trigger a push toward $65.36.
Walmart gains ground with rising ad and membership revenues, while Target faces sales decline and margin pressure amid weak discretionary demand.
Target (TGT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Many investors were eager to see how retail giant Target's (TGT -0.79%) latest quarter would look, and, unfortunately, it wasn't great. The company missed analysts' consensus estimates for sales and earnings, and management lowered the company's full-year outlook.
Target's recent earnings missed expectations, but underlying financial strength and stable margins signal resilience, despite near-term consumer headwinds. Current valuation is historically low at 10x P/E, offering an attractive entry point with a nearly 5% dividend yield for long-term investors. Brand appeal, new store openings, digital media growth, and strategic partnerships position Target for recovery and future growth.
Walmart (WMT 0.62%) and Target (TGT -0.79%) both survived the retail apocalypse that wiped out many brick-and-mortar retailers over the past 15 years. Both of these superstore chains kept growing by staying away from dying malls, renovating their stores, expanding their e-commerce marketplaces, and using their brick-and-mortar stores to fulfill online orders.
At the time of this writing, the S&P 500 (^GSPC -0.67%) has rocketed upward by 13.3% in the last month -- almost enough to bring it back to where it started the year. That surge has lifted the valuations of many stocks back to lofty levels, but there are still plenty of bargains if you know where to look.