1 Incredible Reason to Buy This Dividend Stock Before Oct. 14

At the end of August, a federal appeals court ruled that the Trump administration did not have the unilateral authority to impose most of its controversial tariffs. Nevertheless, the court granted a stay on the levies until at least Oct. 14. The administration is pushing the Supreme Court to hear its appeal of the ruling. Many American companies have been affected by the tariffs. One beaten-down retail stock that's taken quite a hit, given its active importing activity, is Target (NYSE: TGT). Given that, it looks to be quite the bargain buy ahead of the day when, and if, that tariff takedown starts to take effect. Target was a favorite retail stock for years, as it often posted outsized growth on both the top and bottom lines. It did particularly well during the shut-in pandemic period.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool