Special Dip-Buy Reminder
The markets are closed today in observance of Martin Luther King Jr. Day.
So while you have a free moment, I wanted to remind you of an important trade…
In case you missed our last dip-buy alert – it’s not too late to still get in.
Full details below…
When the major market averages fall, opportunistic traders can sniff out bargains.
And today, I’m about to reveal my newest dip buy.
Why should you listen?
Well, my last two dip buys have been huge winners.
Back on March 8, 2021, I called Costco (Nasdaq: COST) “the most unloved stock on Wall Street.”
At the time, Costco was trading for less than $300 per share.
Today, it’s around $500. That’s a monster winner.
Then, on April 20, I said, “Buy this dip immediately.”
I was talking about Nike (NYSE: NKE).
At the time, Nike was trading for around $125 per share.
Just recently, it touched a high of $187. Again, that was a big winner.
So clearly, my dip-buy track record has been on point.
What’s my newest pick?
Target (NYSE: TGT) – and here’s why…
As you can see, Target has been testing a support range between $220 and $225 that held up back in October.
Action Plan: If you want to buy one of the country’s top retailers at a 20% discount, then it’s now time to buy the dip on Target. This represents the best – and safest – way to capitalize on market fears. This strategy worked with Costco… and it worked with Nike. And right now, I believe it’ll work with Target. Buy this dip.
P.S. If you want to get my top pick delivered to your inbox each and every Wednesday, then you’re invited to level up and join Trade of the Day Plus. Click here for details.