Target looks appealing after fixing its inventory problems and returning to sales growth, while remaining far cheaper than its rival. It spent about four years on the inventory repair and cut prices on more than 10,000 products. x.com 

Target's turnaround continues with a solid beat and raise. Same-store sales rose 3.8% and transactions 3.6%, with higher gross and operating margins. Guidance moved higher, beating a high bar, with a 120 bp increase in operating margin. x.com 

Target's EBITDA multiple should not keep expanding when the backdrop is hurting its business on net while comparable companies retrench. The multiple is nearing Amazon's, yet almost no one would plausibly own Target over Amazon for any real length of time. Per @valuedrift, low multiples protect and high multiples leave a stock vulnerable. x.com 

FRP Holdings' price below tangible book value makes this subscale business only begin to look attractive. Management's pitch sounded compelling, but the numbers were not good enough to justify it. x.com 

Target filled its earnings gap and printed a doji candle, which usually signals a reversal, so it should start moving back up. Earnings were great and sentiment around the new CEO is positive. x.com 

McDonald's could draw buying from older investors or a broader sector rotation. The biggest concern is that it is not yet a buy on the chart, as it is not yet trading at a 10% discount to the lowest Street price target. x.com  x.com