In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
My prediction is that Target will continue to make money but the revenue losses will keep growing. At some point; probably in 2019, Target will have to start closing stores and possibly reducing its national footprint much like JC Penny’s and Macy’s are to survive.
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That means there are some equities you should throw out of your portfolio right now. Disturbingly some big names; that were once among the best and brightest in stocks, are now among the deadwood you need to jettison.
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