12-06-2013, 10:37 AM
I've been thinking a lot about adding a few more shares of Target to my holdings. I bought back in August in the low 70s, and it was a high-conviction buy for me at the time. I admit to being a bit disheartened that it fell so far and so quickly from there, but really I should welcome the price decline with open arms. I don't see a lot of screaming deals out there for my favorite dividend growth stocks right now, so I have not been actively buying much. But if I like TGT in the low 70s, I should love it in the low to mid-60s. I absolutely should take the opportunity to lower my average cost per share.