Jim Cramer Calls Market Decline ‘Man-Made’ and Breaks Down 15 Stocks

13. Target Corporation (NYSE:TGT)

Number of Hedge Fund Holders: 56

A caller asked Jim Cramer whether Target Corporation (NYSE:TGT) was a good value play, noting it was trading at its March 2020 levels with a lower P/E compared to Walmart. Cramer responded by examining its valuation and dividend yield:

“Okay it’s really interesting because it is a 10 times earnings and it does trade with a 4.75% yield. I think if you’re ever going to buy it, you would probably have to buy it right here frankly. It is cheap historically, how about that?”

Carillon Eagle Growth & Income Fund stated the following regarding Target Corporation (NYSE:TGT) in its Q4 2024 investor letter:

“Target missed earnings dramatically. The company’s sales were positive, but margins were disappointing due to higher expenses. While traffic was up, prices were down; consumers continued to seek value and shop during promotional periods. A one-time decision to re-route inventory ahead of the East Coast port strike also explains a large part of the company’s performance.”