Target ‘Incredibly Cheap’ Against Its Peers: Smead Capital

The video discusses the decision not to add Target to the portfolio due to its current high weighting. Target has been a long-term holding and is compared to peers like Walmart and Costco, highlighting its relative affordability.

Why did the speaker decide not to add more Target shares to their portfolio?

• Target is not performing well.

• Target is too expensive compared to its peers.

• Target is already the most highly weighted name.

• Target is the second most highly weighted name.

How long has the speaker owned Target shares?

• Several years

• A decade

• A few months

• Less than a year

What is the significance of Target in the speaker's portfolio?

• It is a new addition.

• It is not considered important.

• It is the least weighted name.

• It has become a significant part over time.

How does Target's valuation compare to its peers like Walmart and Costco?

• Target is cheaper.

• Target is equally priced.

• Target is not compared to its peers.

• Target is more expensive.

What is the speaker's view on the performance of other retailers compared to Target?

• Other retailers are not doing well.

• Other retailers are performing similarly.

• Other retailers are doing well.

• Other retailers are underperforming.