Reported 1 day ago
In its Q1 2025 investor letter, Matrix Asset Advisors discussed the performance of Target Corporation (TGT), noting a one-month return of 0.30% but a significant 34.35% loss over the past year. Despite recent market volatility and a shift towards technology stocks, Matrix has reinvested in TGT, expressing optimism about its potential in the current economic climate. Simultaneously, the hedge fund interest in TGT has risen, although the firm believes that AI stocks may offer higher returns in the near future.
Source: YAHOO