IB Net Payout Yields Model

Target - Cyber Future

The news from Target (TGT) appears to confirm that Black Friday is no longer crucial to most retailers. With the retailer starting to generate strong online momentum, the future is in the cyber world.

The data as well continues to confirm a electronic holidays. The top selling items game consoles, TVs, an iPad, and the interesting addition of the Nest thermostat. Guess Google (GOOG)(GOOGL) might have a decent business with that purchase.

Among the top sellers on Target.com’s top-selling day were:
  • Xbox One 500GB Gears of War: Ultimate Edition Bundle was the #1 selling item
  • Target sold two 48” Samsung 4K Ultra HD TVs per minute  
Other top sellers included:
  • Apple iPad Air 2
  • Graco 4Ever All-in-One Car Seat
  • Barbie Dream House
  • Nest Learning Thermostat
  • Pampers Baby Dry Diaper Super Size Pack

Without any hard numbers, it's difficult to get a read on the impact for Target. The retailer is finally making some inroads into claiming an online future. The stock trades at a middle of the roads valuation at 14x forward earnings. Not much of a bargain unless the Cyber Monday numbers suggest the company can actually survive against Amazon (AMZN) in the future. 

Disclosure: Long AAPL. Please review the disclaimer page for more details. 


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