Trade of the Week: TGT | Investors Alley

Trade of the Week: TGT

May 23, 2022 7:30 am by Jay Soloff

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Several key retail stocks sold off sharply last week as inflation and supply chain issues took a toll on earnings. Target (TGT) was hit the hardest and dropped 25% in a day. Costco (COST) and Walmart (WMT) also saw their share prices decline. Options action was mixed on TGT, with some options traders potentially looking for a rebound in the summer.

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Trade of the Week: TGT

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