Jim Cramer says buy Target on any pullback as turnaround takes hold
Jim Cramer said Target is a buy on any pullback after the retailer's latest earnings showed its turnaround is gaining momentum. "Let it come in and buy," Jim said Wednesday on "Squawk on the Street," referring to Target shares, which have rallied more than 53% this year.
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Jim Cramer said Target is a buy on any pullback after the retailer's latest earnings showed its turnaround is gaining momentum. "Let it come in and buy," Jim said Wednesday on "Squawk on the Street," referring to Target shares, which have rallied more than 53% this year. "While the stock is up a great deal … we have a winner here." Shares of Target advanced by more than 5% on Wednesday at the open after the company delivered better-than-expected fiscal second quarter revenue and earnings. Wall Street cheered improving financial metrics across the board.
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Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Jim Cramer said Target is a buy on any pullback after the retailer's latest earnings showed its turnaround is gaining momentum. "Let it come in and buy," Jim said Wednesday on "Squawk on the Street," referring to Target shares, which have rallied more than 53% this year.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 4m ago.
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Jim Cramer says buy Target on any pullback as turnaround takes hold
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