Jim Cramer on Target: “I Don’t Think It’s So Bad”

Jim Cramer on Target: “I Don’t Think It’s So Bad” Syeda Seirut Javed Sat, May 30, 2026 at 5:08 PM GMT+2 2 min read TGT WMT Target Corporation (NYSE: TGT ) was among the stocks Jim Cramer discussed in this changing market . Cramer called the company’s post-earnings decline “excessive,” as he said: Now, let’s talk about the retailers that were, I don’t know, let’s call them more or less okay, Walmart and Target. I hesitate to call these quarters bad, but they clearly, you know, the market didn’t like them… And Target dropped 3.

9% last Wednesday, even though it bounced the next day. I don’t think it’s so bad, but I think, let’s put it this way, I think the declines were excessive… Investors didn’t like that Target quarter much either, despite the fact that Target delivered what I thought was a very healthy top and bottom line beat with 32% earnings growth. Same-store sales up 5.

6%; analysts were only looking for 2. 4%. They even raised their full-year revenue growth outlook from 2 to 4% and said that earnings should come in near the high end of their previous forecast.

To me, that was a home run and a buy, so I’m not entirely sure why… it sold off in response to the quarter. Still, it’s a turnaround story that’s clearly headed in the right direction. Plus, Target trades at just 15 times this year’s earnings estimate, 3.

6% dividend yield. You buy it, okay? You buy it.

Photo by Adam Nowakowski on Unsplash Target Corporation (NYSE:TGT) is a retailer that sells clothing, beauty items, groceries, electronics, home goods, and everyday essentials. While we acknowledge the potential of TGT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years   Disclosure: None. Follow Insider Monkey on Google News .