U.S. election: Target and these retailers could see an outsized benefit in a GOP sweep scenario

seekingalpha04-17

Target Corporation (NYSE:TGT) has had an impressive run in 2024, with shares up at a double-digit clip to top the broad market averages. The retail giant is still about five weeks away from reporting ...

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The retail giant is still about five weeks away from reporting ...</p>\n\n<a href=\"https://seekingalpha.com/news/4090160-us-election-target-and-these-retailers-could-see-an-outsized-benefit-in-a-gop-sweep-scenario\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. election: Target and these retailers could see an outsized benefit in a GOP sweep scenario</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. election: Target and these retailers could see an outsized benefit in a GOP sweep scenario\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-17 00:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4090160-us-election-target-and-these-retailers-could-see-an-outsized-benefit-in-a-gop-sweep-scenario><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Target Corporation (NYSE:TGT) has had an impressive run in 2024, with shares up at a double-digit clip to top the broad market averages. The retail giant is still about five weeks away from reporting ...</p>\n\n<a href=\"https://seekingalpha.com/news/4090160-us-election-target-and-these-retailers-could-see-an-outsized-benefit-in-a-gop-sweep-scenario\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1668664300.SGD","symbol_name":"Blackrock World Financials A2 SGD-H","start_time":0,"source_url":"https://seekingalpha.com/news/4090160-us-election-target-and-these-retailers-could-see-an-outsized-benefit-in-a-gop-sweep-scenario","article_id":"2428872908","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1091537094/image_1091537094.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428872908","pubTimestamp":1713284113,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Target Corporation (NYSE:TGT) has had an impressive run in 2024, with shares up at a double-digit clip to top the broad market averages. 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The retail giant is still about five weeks away from reporting Q1 earnings. That report will arrive with Target (TGT) on a streak of topping profit expectations in five straight quarters and coming off a holiday quarter that included higher margins and a cleaner inventory position. Looking further ahead, the stock is considered one of the biggest names in the retail sector that could see a share price swing around the U.S. election. Morgan Stanley calculated that the Minneapolis-based company would see much more upside than some peers and well-known stocks from other sectors from corporate tax reform due to its high mix of domestic sales. \"Under a Trump administration with a Republican Congress, we would expect most of the expiring TCJA will be extended on the corporate and individual side,\" previewed the firm. A lower corporate tax rate is seen as more likely under that scenario to give Target (TGT) one of the biggest bottom-line boosts in the sector. Meanwhile, a divided U.S. government or sweep by the Democrats is anticipated to be less of a direct catalyst for Target (TGT) in terms of corporate tax relief. Target (TGT) has also been noted to be generally less at risk from trade wars and tariff battles than other general merchandisers and discounters. Other retailers listed by Morgan Stanley as potentially seeing an outsized benefit from corporate tax reform under a GOP sweep scenario include Walmart (WMT), Petco Health and Wellness (WOOF), BJ's Wholesale Club (BJ), Arhaus (ARHS), Five Below (FIVE), and Ollie's Bargain Outlet (OLLI).  More on Target  Target: Remains A Compelling Compounder, Despite The Recent Rally Target's Aim Is Improving Target Corporation (TGT) Q4 2023 Earnings Call Transcript Target doling out excess income to salaried employees Target stock breaks a seven-day losing spell, trades in the green","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428872908"}